Ambassador of the People's Republic of China in Bucharest Huo Yuzhen asked the mayor of Ramnicu Valcea (northwest of Bucharest) Emilian Francu to provide her with a data file about chemical plant Oltchim to present further to Chinese potential investors.
"For an economic cooperation between the two states and particularly with Ramnicu Valcea, I'll ask Mr. mayor to send to the Embassy a file with all the data regarding Oltchim's situation. As far as I understand from the counselors, this is a company that has been under reorganization for almost a year now and is seeking investors to help its recovery. But it's not just for Oltchim that we could find business opportunities, we could also explore the wood and glass industry, or green energy. And last, but not least, there is tourism. Valcea County thermal waters are well known to our Embassy," said the Ambassador of the Republic of China.
Ramnicu Valcea mayor Emilian Francu presented the Chinese Ambassador other infrastructure projects that "might prove attractive to Chinese investors" such as the Ramnicu Valcea — Valcele railway or the motorway corridor IV.AGERPRES