Construction

UAE eyes Turkey’s nuclear project

Gulf Arab country could join in power plant project if South Korea undertakes construction

The UAE could participate in a Turkish nuclear power plant project, should South Korea construct it.

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The UAE could partner Turkey and South Korea in the building of a nuclear power plant in northern Turkey, it was announced earlier this week.

According to a report by the Anatolia News Agency, Turkey’s Minister of Energy and Natural Sources, Taner Yildiz, said that UAE officials were interested participating in the construction of the nuclear power plant which is being built in the town of Sinop, in northern Turkey.

“UAE officials stated that in the case of South Korea undertaking the construction of the power plant, UAE would become a partner of the project. These developments are pleasing to us,” he said.

He added that Turkey’s had signed an agreement with the UAE in the framework of generating electricity/power from coal at the Afsin Elbistan basin in Turkey.

Yildiz said that once a permanent deal was in place, the UAE would invest $5bn into the region, which would become Turkey’s largest Arab investment in the energy field.

The Turkish government plans to build three nuclear power plants within five years in the hope of preventing a possible energy shortage and reducing dependence on foreign energy supplies, a report in Gulf News said.

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