Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


The government will draw up the calendar of the investment projects agreed with China next week

Premier Victor Ponta announced that, next week, the executive will start drawing up a calendar of the implementation of the investment projects agreed with the Government of China in November, on the occasion of the summit China – Central and Eastern Europe. “Next week we start to draw up the calendar for the projects we have signed with investments from China, energy, transport, IT, agriculture. So, the Romanian new year has passed, the new Chinese year will come, quickly, but we have to have everything we signed be done”, he said in the opening of the government meeting.


Romania and China signed collaboration agreements for the setting up of a technological park and the resumption of cattle export and pork meat to China, but several documents for collaboration in energy, including the nuclear and thermo-electric domain.Thus, the leadership of Nuclearelectrica signed with the chairman of the company China General Nuclear Power Corporation (CGN) a letter of intention for collaboration, the manager of Energy Oltenia Unit signed with the chairman of the company China Huadian Corporation an agreement of intention for cooperation for the project at Rovinari, the manager of Hunedoara Energy Unit signed an agreement with the chairman of the company China National Electric Engineering for the rehabilitation of groups 3 and 4 in Deva thermo-electrical power unit, and the manager of the project company for the construction of the hydropower station Tarnita-Lapustesti ( Cluj county) signed a letter of comfort in this sense with the vicechairman of Sinohydro Corporation.

The Department for Energy and National Administration of China for Energy signed a memorandum of agreement for cooperation in the domain of nuclear projects.


At the government they also signed an agreement for investments in wind power units and equipment for export between Romanian Paunescu Corporation, led by Bobby Paunescu and Mingyang Wind Power Group.


The memorandum for agreement for the support of the company of telecommunications Huawei Technologies with a view to setting up a regional centre in Bucharest.


The representatives of the Romanian and Chinese governments agreed on a cultural programme between 2013 – 2016, an agreement to set up and function the Romanian Cultural Institute in Beijing and the Chinese Cultural Centre in Bucharest and the memorandum of agreement regarding the promotion of investment cooperation.