New data center to be set up in China-Belarus Industrial Park

It will handle data from the main Chinese Stock Exchanges as well as from those of Central and Eastern Europe.

A data center for financial information by cloud computing will be set up by the recent resident company in China-Belarus industrial park Great Stone called GTA (MSK) Data Technologies.

Great Stone is the largest foreign investment project of China in Belarus and an important cooperation project between Minsk and Beijing of the Belt and Road initiative.

 The prime location of the Great Stone industrial park between the European Union and the Eurasian Customs Union, Belarus is all ready to forge an immediate link between the two continental market.

It is home to 36 resident enterprises out of which 20 are from China including Weichai, Huawei, China Merchants Group etc. The rest of the companies are from across the globe such as the United States, Russia, Austria, Israel, and Germany.

The data center was an initiation of the of the Shenzhen GTA Education Tech Ltd.

The agreement for the sanction was signed on Thursday and will focus to create an open cloud computing platform to serve financial data into many areas.

It will handle data from the main Chinese Stock Exchanges as well as from those of Central and Eastern Europe.

The expected customers are zeroed on Chinese brokerage firms, investment funds, and other related financial institutions.