Agreement for cooperation between Turkey and Japan permits construction of $20 billion plant – Turkey owns stake in project
An agreement for cooperation betweenÂ Turkey and Japan fornuclear cooperation became law on Thursday.
The agreement, which will permit the building of Turkey’s second nuclear plant in cooperation with a Franco-Japanese consortium, has entered into force.
The agreement was published Friday in the official gazette after it was passed by the Turkish parliament’s general assembly on April 1 and approved by President Recep Tayyip Erdogan on Thursday.
Construction of the $20 billion plant to be built in the northern Turkish province of Sinop, near the Black Sea, is expected to begin in 2017 to produce 40 billion kilowatt-hours of electricity every year with its four reactors.
Read more at Turkish nuclear plant to be built by Franco-Japanese group