Polish billionaire decided not to build a power plant in Belarus

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Polish businessman Jan Kulczyk put the plan to build a coal-fired power plant in Zelva due to funding the project, the agency Bloomberg.

"These large projects have to do with the banks. Because the current atmosphere around Belarus, it would be difficult to finance the project," — so Kulczyk explained his decision to reporters.

The agreement on the construction of power plants of 920 MW and a special power line was signed in August last year in Warsaw.

The investment is estimated at 1.5 billion euros. Polish and Belarusian partners had put on half that amount. Responsible for organizing the financing of the project was a Polish partner.

Ian Kulchiyk (Born 1950), the owner of investment group "Kulczyk Investments", according to some estimates is the richest Pole. His estate in 2009y, says Polish weekly "Wprost", estimated at $ 2 billion. Jan Kulczyk business interests include oil and gas, construction of infrastructure (roads, office buildings, industrial facilities) and trade in real estate.

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