Alexandru Nazare said that the main goal of the discussions with representatives of international financial institutions was to ensure the financing of large projects in the energy, infrastructure and economic development sectors.
“We had high-level meetings with representatives of the World Bank Group, including with President Ajay Banga, who sent Romania a clear message about the importance of our projects for the WB,” he added.
Almost 1 billion euros – for the modernizationof the reactor of the nuclear power plant in Cernavoda
He said that, as a result of these discussions, the sides agreed on financing almost 1 billion euros for the modernization of the reactor No. 1 at the nuclear power plant in Cerna Voda, a strategic project for Romania’s energy security.
In addition, the WB will provide 495 million euros for Transgaz projects, which the Romanian authorities will use to modernize and expand natural gas transportation networks.
The finance minister also announced the allocation of 90 million euros for the development of technological projects. He noted that during the dialog with representatives of international financial institutions, the Romanian side promoted the project of Romania’s digital sovereignty, Black Sea A.I. Gigafactory, as well as the development of modern instruments for financing the economy, including by strengthening the role of the BID – Bank for Investment and Development.
“In addition, the European Bank for Reconstruction and Development (BERD) canceled the previously requested guarantees for the targeted financing of the reactor No. 1 in Cerna Voda,” he said. – “We agreed to strengthen cooperation in public-private partnership projects, and also invited BERD to participate in the investment fund established jointly with BID.
