Russia says nuclear sector open to foreign investment
Russia’s nuclear industry is open to both domestic and foreign investors, a Russian deputy prime minister told an international nuclear forum on Wednesday.
“In addition to large-scale investment of state funds, we have grounds to count on substantial private investment. The Russian nuclear sector is now open to cooperation. Furthermore, not only with domestic businesses, but also with foreign investors,” Sergei Ivanov told an international forum, ATOMCON-2008. He said construction of nuclear power plants was one of Moscow’s priorities for the energy sphere, adding that Russia plans to build 26 new NPPs by 2020. “The peaceful uses of atomic energy are virtually unlimited, while modern technology guarantees its safety,” he said.
The deputy prime minister said that Russia “is ready to expand cooperation with foreign partners in the supply of materials and the provision of services related to the nuclear fuel cycle.” Addressing the forum, Sergei Kiriyenko, director of the Russian Nuclear Power Agency (Rosatom), said Russia is ready to invest in NPP projects abroad. “We are ready to invest in the construction of nuclear power plants abroad, share risks and sell electricity,” he said. (rian.ru)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.