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Sovereign Wealth Funds Briefing - Categorized | Investment

China interested in investing EUR 3 bln in Romania, says minister after Beijing talks

Posted on 10 September 2013

Chinese banks are interested in funding projects worth more than EUR 3 billion in Romania, according to Romania’s Department for Infrastructure Projects and Foreign Investments (DPIIS). DPIIS said the investments could either be channeled through Chinese companies developing projects in Romania or by participating in the privatization of Romanian companies.
Minister-delegate for Infrastructure Projects and Foreign Investments Dan Sova met representatives from the China Investment Corporation (CIC), China Development Bank and China Exim Bank in Beijing last week. The release noted the CIC’s interest in the privatization of Romanian state companies, 11 of which are currently undergoing privatization………………………………………..Full Article: Source


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