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CNNC signs MoU with Emirates Nuclear Energy Corporation

Updated: 2019-07-23

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Yu Jianfeng, chairman of China National Nuclear Corporation (CNNC), signed a Memorandum of Understanding with Mohamed Al Hammadi, CEO of Emirates Nuclear Energy Corporation (ENEC) at the Great Hall of the People in Beijing on July 22.

On the same day, Yu also signed a cooperation agreement on building a center of finance and investment with Ahmed Ali Al Sayegh, Minister of State of the United Arab Emirates (UAE) and Chairman of Abu Dhabi Global Market (ADGM). 

According to the agreement, CNNC will cooperate with UAE companies in nuclear technology and build an overseas platform for all industrial operations, as well as for investment and financing. 

Before the signing of the MoU, Yu held a meeting with Hammadi. During the meeting, they discussed promoting cooperation between China and the UAE in nuclear technology. 

Yu said that CNNC has a complete nuclear industrial chain and is willing to share its expertise with countries who want to develop nuclear energy.

For many years, CNNC has maintained close ties with its counterparts in the UAE and has carried out cooperation with them in the development of nuclear energy, the application of nuclear technology, engineering, capital operations, infrastructure, and training.

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