November 18, 2015

China will build a two more nuclear reactors for Argentina

Argentina has signed deals with China for the construction of the Latin American country's fourth and fifth nuclear power plants. The agreements were signed yesterday by the president of Nucleoeléctrica Argentina SA (NASA), Jose Luis Antunez, and the head of China's China National Nuclear Corporation (CNNC), Quian Zhimin, on the sidelines of the G20 summit taking place in the Turkish coastal resort of Antalya.

The projects are worth around $15 billion and China will contribute 85% of the required financing, according to a statement issued by the Argentine president's office.

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