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Mircea Turdea, Farmec
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Chinese investments in Romania: still waiting for the miracle

Chinese companies have expressed their interest in big infrastructure projects in Romania this year, such as the construction of units 3 and 4 of the Cernavoda nuclear power plant, the Tarnita-Lapustesti hydroelectric power station and the Comarnic-Brasov motorway, but no plans have actually been carried out. The Diplomat-Bucharest talked to Chinese companies and analysts to see why Chinese investments in Romania are being held bac

October 2013 - From the Print Edition

3 Photos
More than a year has passed since the ex-President of the People's Republic of China Hu Jintao announced, in April 2012, the creation of a government credit line of USD 10 billion to be used to finance Chinese investments in Central Eastern Europe (CEE). Since then there have been many promises of Chinese investments in Romania, but few have actually been carried out.
The state-owned Chinese Communications Construction Company (CCCC) was among the four bidders for the leasing-out of the ...

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COMMENTS
There is 1 comment:

brodster: on 2013-10-07 06:53:06
does china think they can build Chinese companies with Romanian talent and engineers?
Romania is only helping Chinese companies develop their products.. Romania gets nothing in return.
Chinese companies are robing Romania blind..

 
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