China Development Bank to Help Serbia Invest in Belene NPP - Report

Bulgaria has stopped construction of its second nuclear power plant until it finds a new investor and funds to complete the project. Photo by BGNES

The China Development Bank has expressed interest in financing Serbia's investment participation in Bulgaria's Belene NPP project, reported Serbian news agency Blic Monday.

“We talked about the Belene NPP project in Bulgaria, we are interested, and definite steps forward were achieved,” vice-governor of the China Development Bank Gai Jian is reported as saying.

He also stated that the Chinese bank is interested in investing in further “strategic” energy projects in Serbia, including the country's infrastructure and joint Serbian-Chinese projects.

Gao Jian had talks with Serbian energy minister Petar Škundri?, who said that Serbia is also interested if the country gets terms better terms on the loan than usually received.

The China Development Bank vice-president assured that China and Serbia are friendly nations and will be working together for the economic furthering of both countries' interests.

In May Serbian media reported for the first time that Serbia and China could possibly make a joint investment in Bulgaria's Belene NPP project.

Bulgarian PM Boyko Borisov received a proposal for Serbian participation in Bulgaria's projected second NPP when on an official visit to Serbia end of April.

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