Russian firm Rosatom said during the ongoing 5th BRICS Summit in Durban that it will promote its nuclear technology and other related products, as well as services in South Africa.
Rosatom overseas press secretary in South Africa Loyiso Langeni said that the BRICS Summit will provide the company the platform to engage with key stakeholders on global politics and share information about its expertise, products and services in the field of nuclear technology.
In 2012, Rosatom opened a marketing office in Sandton, Johannesburg and the company said South Africa is planning to increase its energy security through variety of sources including nuclear power plants.
Rosatom head of marketing office in South Africa Alexander Kirillov said that the company offers a package that ensures localization of works within a nuclear power plant construction project.
"Localisation will at the initial stage of the project be at 30% of production which will eventually peak at 65%", Kirillov added.
Rosatom operates in over 40 countries in 5 continents and accounts for 17% of the global nuclear fuel market.