The Albanian Ministry of Energy and Industry and the Chinese state owned company Power China have signed the “Memorandum of Collaboration”, in Pekin.
The Albanian delegation was headed by the Prime Minister Edi Rama which earlier met his Chinese counterpart. Li Keqiang. According to the China International Radio (Albanian version), the signed memorandum was in the focus of the discussions between the two Prime Ministers, who expressed their support for the implementation of this memorandum as soon.
During the signing of this memorandum, present in the ceremony was the president of the group of construction and collaboration, Ma Zonglin.
Power China company owns about 50% of the world hydroenergy market. The meeting of the Albanian delegation with executive directors of big state-owned Chinese companies was very important and promising for the increase of Chinese investments in Albania. According to non official sources, the work for the establishment of this memorandum lasted 6 months.
News source: Chinese International Radio – Albanian version
Photo credits: Chinese International Radio – Albanian version