Asia's Emergence in the Global Nuclear Industry

Asia is beginning to play a bigger role in the global nuclear industry, both in terms of leading new builds domestically and involvement in projects beyond their own borders. Their involvement across the value chain, from providing technology and financing to ownership, makes them an increasing influence in the global civil nuclear industry.

Hong Kong, Hong Kong S.A.R., January 22, 2014 --( China has been leading Asia’s growing involvement in the global nuclear industry. The country is on track in its plans to increase the amount of energy derived from nuclear power with its ambitious reactor-building programme, with China General Nuclear recently reporting its plans to put five nuclear units into operation in 2014, something even France and the United States have not done. Beyond its borders, China has also claimed a major coup by winning a bid to build United Kingdom’s Hinkley Point C plant in Somerset.

Besides the activity in China, other Asian countries contribute to making the region one of the few growth areas within the industry as countries like Germany, Italy and Japan either phase out or have plans to reduce their reliance on nuclear energy. Malaysia is currently undertaking feasibility, site selection and regulatory studies and contemplating construction of 2-4 reactors. In Vietnam, preparations underway for construction of the first NPP (VVER) in central Ninh Thuan Province, construction scheduled to commence in 2014, operational in 2020.

Join leading Asian and global nuclear stakeholders as they convene for the 2nd Annual Asia Nuclear Business Platform. Taking place in the financial capital of Asia, Hong Kong, from 26th to the 28th February 2014, Asia Nuclear Business Platform will see participants discuss nuclear sector developments such as the feasibility of financing options for new nuclear projects globally. Key nuclear financing stakeholders from both the private and public sector will be attending and giving their insights on the future of nuclear financing in Asia.

About Asia Nuclear Business Platform
With an advisory board consisting of 24 international stakeholders, Asia Nuclear Business Platform is an event crafted by the industry for the industry focusing on new build in Asia. Over 200 key industry stakeholders from across the nuclear supply chain will be in attendance to discuss nuclear sector developments, gather information and establish strategic business relationships. The conference will be preceded by a technical visit to the Taishan EPR plant.

Speaker Highlights:

Dr. William Travers, Director General, Federal Authority for Nuclear Regulation, UAE
Dr. Hoang Ang Tuan, Director General, Vietnam Atomic Energy Agency, Vietnam
Gu Guoxing, Vice President, State Nuclear Power Technology, China
Dr. Zamzam Jaafar, CEO, Malaysia Nuclear Power Corporation, Malaysia
Tae Jong Hun, Senior Vice President, Korea Electric Power Corporation
Hao Zhijian, General Manager, China General Nuclear, China
Kim Youngkee, Director General, The Export-Import Bank of Korea, Korea
Donald R. Hoffman, President, American Nuclear Society, USA
Jeffrey Benjamin, Senior Vice President, Westinghouse Electric Company, USA
Edward McGinnis, Deputy Assistant Secretary, Department of Energy, USA
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