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Romania "must encourage" Chinese investors

Prime Minister Emil Boc and a delegation that included different ministers and businessmen are on an official visit to China that aims at stimulating Chinese investors to buy shares in Romania.

Romania "must encourage" Chinese investors
Prime Minister Emil Boc and Chinese officials. Photograph: Reuters.

Articol de Bogdan Mihai, 12 August 2011, 12:23

The Minister of Economy, Ion Ariton, stated that he would suggest Chinese investors partnerships for building the reactors 3 and 4 of the power plant in Cernavodă, the power plant in Doiceşti and also the power plant in Tarniţa-Lăpuşeşti.

He said that the investment in the two reactors alone would amount to four billion euro.

Ion Ariton also stated that a small number of shares would be put on the market in Shenzhen, China until December.

"By the end of the year we must make all these steps, therefore we will organise an auction. A number of shares will be put on the market by the end of October and another one by the end of December," Ion Ariton stated.

On Thursday the Minister of Economy had a meeting with the representatives of two important telecommunications companies from China that have been investing in Romania since 2006.

According to Lorian Vintilă, the representative of the ZTE Company, they plan to build a centre for training young people in telecommunications and also an assembly plant in a less privileged area of Romania.

"We hope that this centre will initially have 200 students, afterwards we will focus on all the universities that have a telecommunications faculty. We are speaking about Bucharest, Cluj, Iaşi, Timişoara and so on," Lucian Vintilă added.

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