China Gezhouba officials are currently in Cluj for talks with local officials.
China Gezhouba Group Corporation is one of China’s leading companies active in transport infrastructure, energy and tourism.
China Gezhouba has previously expressed interest in the Tarnita – Lapustesti hydropower project which will be developed 30 kilometers off Cluj-Napoca, following an investment estimated at over EUR1 billion.
The hydropower plant in Tarnita – Lapustesti will have an installed capacity of 1,000 megawatts and its construction will take five to eight years, creating over 4,000 jobs.