Toshiba upbeat on Turkey nuclear deal

Financial Times     

Toshiba, the Japanese electronics and engineering group, says it is confident that it will seal a deal to build a nuclear power plant on Turkey’s Black Sea coast, after talks between the Turkish government and South Korean reactor builders broke down last year.

Norio Sasaki, Toshiba president, told the FT a deal now hinged mainly on the provision of long-term risk insurance by the Japanese government. Tokyo has been working to strengthen financial support for its private sector nuclear groups to help them compete with state-backed manufacturers in Korea and Russia.

Source:
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