China Development Bank (CDB) and the main power utility PPC are scheduled to sign a memorandum of understanding (MoU) on September 9 in Thessaloniki, during a conference organized within the framework of the 82nd Thessaloniki International Fair (TIF).

The conference, titled “Investment opportunities in Southeastern Europe – Trends and challenges in the energy sector”, is being organized by PPC at the Macedonian Museum of Contemporary Art.

Energy mnister Giorgos Stathakis, China Ambassador Zou Xiaoli, the Head of European Commission Representation in Greece Panos Karvounis as well as representatives of companies and banks from China and southeast Europe will speak at the conference.

PPC aspires to have a leading role not only in the reconstruction of the energy environment, but also in its development and modernization prospects. Through its leading role in enhancing the competitiveness of the Greek economy, it also aspires to mark the expansion framework for investments, aiming at maximizing synergies and upgrading energy networks, the company stressed.

The conference will also focus on the promotion of Greece’s geographic position as an energy hub for the Balkans and Europe.