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Rosatom’s proposal on the nuclear energy development in South Africa envisages the creation of 15 thousand jobs in the country

15.08.2013 10:29  |   Press-service of JSC Rusatom Overseas

The Nuclear Industry Association of South Africa (NIASA) is holding its annual industry convention in Port Elizabeth on August 14-16, 2013. At this convention Executive Vice-President of JSC Rusatom Overseas Boris Arseev presented the report «Rosatom Global Nuclear Opportunities».

Rosatom assigns high priority to the development of cooperation with the South African nuclear industry. The corporation is ready to take part in the implementation of the South African Government plans for the construction of six power units with a total installed capacity of 9, 6 GW. “The Rosatom comprehensive approach to the construction of nuclear power plants is absolutely unique. The company’s integrated offer contains a full range of the nuclear power industry products and services, including fuel supply for NPPs, management of its lifecycle, staff training and various financial solutions”, B. Arseev pointed out. He stressed that NPPs with 3+ generation VVER reactors proposed by Rosatom for South African energy market meet all the latest international safety standards for NPPs.

Today, the localization is an integral part of the Rosatom policy. “The implementation of the South African nuclear generation development program together with Rosatom would allow to create 15,000 additional jobs in construction, service and operation of the new units, as well as several thousands of jobs in related industries, increasing the revenue of South African companies for $ 15 bln. and ensuring $ 3, 5 bln. tax revenues to the country’s budget”, said B. Arseev. During the presentation speaker emphasized that the localization policy in the large-scale projects implementation, such as the construction of NPPs gives a powerful impact to the development of local economies. This policy increases the competitiveness of energy intensive industries.

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