DPIIS said on Monday that the funding would either be funneled through Chinese companies that are developing projects in Romania or by participating in the privatization process of Romanian companies.

The announcement comes after Dan Sova, the minister-delegate for infrastructure projects and foreign investments, met with representatives from the China Investment Corporation (CIC), China Development Bank and China Exim Bank in Beijing last week.

CIC expressed an interest in the privatization of state-run Romanian companies, DPIIS stated, while China Development Bank asked Romanian officials to prepare presentations and financial estimates of the country’s priority investment projects by November. The state’s priority projects include a bridge over the Danube in Braila, a water power station at Tarnita-Lapusesti, as well as a pair of unfinished stretches of motorway. (sursa: cijjournal.com)