Wed, Sep 29, 2004 - Page 11 News List

China looks overseas for nuclear construction firm

EXPERTISE To help increase the proportion of nuclear power used in China to 4 percent by 2020, officials will likely give one contract to a foreign construction firm

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Siemens and Areva will make a joint bid, said Nicole Dellero, a deputy director at Areva's corporate strategy department.

Paris-based Framatome ANP Inc, a joint venture between Siemens and Areva, has supplied China with four reactors and employs about 3,000 people in the country. The company is the world's biggest maker of nuclear reactors.

Seoul-based Korea Hydro and Nuclear Power Co will also bid, said Yoon Yong-woo, a member of the company's overseas project team.

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