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May 24, 2022

Shenzhen companies’ investments are welcome in Romania

Prime Minister Ponta arrived in Beijing where he is scheduled to meet, today, Chinese President Xi Jinping and Prime Minister Li Keqiang.

Finding himself in an Asian tour, the Romanian Executive Victor Ponta was yesterday in the Shenzen City in southern China, where he paid visits to the central headquarters of Chinese companies Huawei, ZTE and China Nuclear Electric. On this occasion, PM Ponta said at a meeting with Shenzhen Deputy Mayor Tang Jie that the investments of the companies based in Shenzhen are welcome in Romania and the economic relations can develop very well. The Romanian head of Government added he was aware of the “challenges” brought about by the economic development and stressed Shenzhen experience “is useful to everybody”. He evoked the last 30 years of the city’s history, which started from a fishermen’s village to turn into a city of over 5 million.
The prime minister paid a visit to the central headquarters of telecom equipment and services supplier Huawei based in Shenzhen. The Romanian Huawei branch employs 380 staff, 100 of whom are Chinese. “For the moment, they carry out the entire maintenance for Europe from Romania and want to boost their presence”, Ponta explained.
The Romanian prime minister on Monday also visited ZTE and China E companies.
Also yesterday, Ponta said in an interview with the public broadcaster TVR that there are infrastructure projects and investments in the energy sector and telecommunications in respects of which the Chinese companies have already been informed, and that, through the official visit made to China, he wishes to offer a signal and to give a political impetus.
“Dan Sova has that infrastructure projects portfolio, which he has prepared, but seriously, (…) at the level at which the file contains a feasibility study, the cost of each project, the need for funding, the years needed for recouping the investment, the economic impact. (…) As for Comarnic-Brasov, the most advanced are those who also worked before at the project, the Vinci-Strabag association, because they have this advantage, have worked on that project, then, during the time of Minister Berceanu, they were chased away, but there are other infrastructure projects related to highways, Siret-Baragan canal, the Port of Constanta, investments in telecommunications and energy, and the Chinese companies have already been informed by the Chinese Embassy in Bucharest, by our ministers and, now, at the level of Prime Minister I will give the political impetus they expect in general. They are accustomed, when investing in a country, to also have a very good political relation”, the Prime Minister said.
Ponta noted that in China there is an economic system in which the administration plays an important role, and a country whose Premier is received by the President and the Prime Minister of China is a country that can be considered as a partner for China.
After talks with China Nuclear Electric executives, Romania’s PM also talked about the reactors in Cernavoda saying that the Government of Romania is willing to give the majority block of shares for building Cernavoda Nuclear Power Plant’s Reactors 3 and 4, since it is about billions of Euros worth of investments.
Ponta arrived yesterday to Beijing where he is scheduled to meet today Chinese President Xi Jinping and Premier Li Keqiang.

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