Antena 3 CNN Business Ponta: The projects with China amount to 6 billion euros, investments in energy and infrastructure

Ponta: The projects with China amount to 6 billion euros, investments in energy and infrastructure

Ponta: The projects with China amount to 6 billion euros, investments in energy and infrastructure
05 Sep 2014   •   13:25
Romania and China have ongoing projects amounting to  6 billion euro , Prime Minister Victor Ponta said at the beginning of the Government meeting on Thursday, Mediafax informs.

"The projects we have underway are investment projects in energy and infrastructure, amounting to  over 6 billion euros, which means jobs, which means energy independence for Romania and the opportunity to complete what we receive from European funds and budgetary funds to improve infrastructure", Ponta said.

"The United States of America and the European Union have strategic partnerships with China. If we manage to have investments, to create jobs, to be energy independent, it is important and I wish that our economic relations with other countries outside the European Union would equally promote economic development, "the  Premier continued.

Victor Ponta stated that, under the current geopolitical context, the Romanian State maintains the economic sanctions imposed on Russia, it is necessary to identify new markets and new investment sources.


According to a report by PricewaterhouseCoopers and Oxford Economics, infrastructure spending in Romania will increase on average by 5% per year until 2025, faster than in Western Europe, but more slowly than the global level, the amount allocated will eventually reach about $ 30 billion by 2025.

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