Source: Tanjug | Friday, 16.03.2018.| 09:58
Highlight an article Print out the news

Chinese wind farm investor Longyuan Power Group Corporation to arrive to Serbia?

(Photo: pedrosala/shutterstock.com )
The Chinese Longyuan Power Group Corporation, the biggest investor in wind farms in Asia, intends to expand its business in the world, with projects planned in Serbia, Poland, Kazakhstan, Canada and the USA

The company’s president, Li Enyi, stated that new project abroad were “in the early stages of development”, that they pertained to countries encompassed by the Chinese “Belt and Road” initiative and that the plan was to also invest in Serbia, Executive Newsletter reports.

– We are focused on geopolitically stable countries with a healthy regulation framework and a well established market economy – he added.

This Chinese corporation announced early this week that their 2017 profit had amounted to USD 608 million, a growth of 8.4%.

In addition to China, this company, a member of the biggest power producer in the world, the Chinese conglomerate China Energy Investments Corporation, owns wind farms in Canada and South Africa as well.

Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE