Russia is able to complete the construction of Turkey’s Akkuyu nuclear power plant even if it is unable to attract other investors, Russian Energy Minister Alexander Novak said.
“Already, $3 billion has been invested... If they won’t find an investor, it means that the plant will be built by Akkuyu Nuclear,” Novak said, referring to a company owned by the Russian state nuclear company Rosatom.
Russian firm Rosatom has been seeking investors for a 49 percent stake in the Akkuyu nuclear power plant project.
The project is planned to be financed by Rosatom and its partners involving loans from export-import agencies and banks.
Cyprus says it will protest to the nuclear plant being build as it poses a danger to the island.