CNNC and UK Government Build Sino-UK Nuclear Power Research Centre
Yicai Global
/SOURCE : Yicai
CNNC and UK Government Build Sino-UK Nuclear Power Research Centre

(Yicai Global) Nov. 11 -- The China-UK Research and Innovation Centre jointly invested in by the British subsidiary of China National Nuclear Corporation (CNNC) and the UK's National Nuclear Laboratory (NNL) was officially unveiled this week. As the first joint R&D center jointly founded by China and Britain, the project inaugurates a new phase of comprehensive cooperation between the two countries on nuclear research and technological development, and comes on the heels of successful nuclear power investments.

The Centre is situated in Manchester, and the British government and CNNC will jointly fund the total investment of GBP50 million (USD63 million) scheduled for the next five years. CNNC (UK) and NNL will each hold 50 percent of the stake.

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