China: Kovacevic, who was BiH Ambassador to China from 2010 to 2013, noted the "16+1" cooperation created a "win-win" situation for BiH and China. "We have lots of potentials for economic cooperation to explore, and this will be just the beginning," he said, according to Xinhua China. BiH can present huge projects to big Chinese companies in sectors such as infrastructures and energy, said the former BiH ambassador to China. During an interview with Xinhua, Kovacevic, now director of retail department at Bosnia Bank International , noted it is "very helpful" for the bilateral relations to have the "16+1" platform. "The platform provides new dynamics to economic cooperation between the two countries, and the two sides thus can develop very coherent and comprehensive strategies," he said. Chinese investors are ideal partners for BiH, "because Chinese companies can offer competitive market prices, know-hows and strong financing," he said. The 300-megawatt power plant in northern BiH, which was constructed by China Dongfang Electric Corporation, is expected to operate commercially from mid-2016. Kovacevic said Chinese big companies have already succeeded in some projects, such as Stanari power plant, and there certainly will be more big projects in energy sector, transportation sector, etc.
(news.financializer.com). As
reported in the news.
Tagged under China, cooperation topics.