China and South Africa strengthen co-operation in the infrastructure sector
25 August 2010
South African President Jacob Zuma declared last Tuesday that he is intending to strengthen commercial exchanges with China, in particular in the infrastructure sector.
He is hoping in this way to speed up their development and stimulate economic growth in South Africa.
The President made this declaration at the start of the week, on the first day of his visit to China, on the occasion of a forum of heads of corporations.
Among the areas for co-operation, the South African President referred to energy, information technologies, communications, and electronics.
By Tuesday South African and Chinese companies had already signed a number of agreements, in particular in the railway sector with China Railways, according to a press release from the South African delegation reported by the Dow Jones Newswires press agency.
China National Nuclear Corp., the energy giant which manages the Chinese nuclear programme, would likewise be in the frame for the discussion of approvals to construct a nuclear power plant on South African territory.
Category: General