China eyes investments in Slovenia infrastructure

November 20, 2014
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China Flag/AFP
China Flag/AFP

, LJUBLIJANA, November 20- China’s vice Premier Wang Yang arrived here on Thursday in a visit seen by Slovenia as crucial for attracting Chinese investments in the tiny crisis hit eurozone country.

“China can provide a huge market and sufficient funds for Slovenia,” Chinese Vice Premier Wang Yang told journalists during a joint appearance with his Slovenian counterpart Dejan Zidan.

Slovenian state radio said Thursday that Wang’s delegation, which included some 150 businessmen, was the largest to visit Slovenia ever and targeted possible investments in the country’s main Adriatic port in Koper, transport infrastructure and other state owned companies.

“Due to its position, Slovenia can be a very good entry point for the Chinese economy into the European Union,” Zidan told journalists after his first meeting with Wang.

He added that the tiny eurozone country, which has started recovering from a crisis due to wobbly banks that nearly forced the country to seek a bailout, called on China “to invest in Slovenia as much as possible.”

Slovenia launched last year the privatisation of 15 state-owned companies, including the country’s main airport, the telecommunications operator and second-largest bank, to help reduce the eurozone country’s soaring public debt and attract foreign investments.

During the two day visit to Slovenia, Wang will also meet Slovenian President Borut Pahor and Prime Minister Miro Cerar, whose government was appointed in September.

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