Romania: Chinese Investors to Support Infrastructure Projects with € 3bn

Politics ♦ Published: September 11, 2013; 14:10 ♦ (Vindobona)

According to the Romanian Infrastructure and Foreign Investments Department (DPIIS), investors from China will support the construction of new highways and electricity generating power plants in the amount of more than € 3bn.

Romania: Chinese Investors to Support Infrastructure Projects with € 3bn / Picture: © Vindobona.org

On Monday, Dan Sova, Deputy Minister for Infrastructure and Foreign Investments, met with representatives of China Investment Corporation, China Development Bank and China Exim Bank, which have shown their willingness to finance projects where there is a lack of state guarantees. Large investments can be realized by concessions or Public Private Partnerships, which is currently worked…