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PRAGUE (AP) — South Korea’s president says her country would like to participate in developing the Czech Republic’s nuclear program.

After meeting her Czech counterpart, Milos Zeman, on Wednesday, Park Geun-hye said “we have expressed our interest.”

The Czech government has approved a long-term plan to increase nuclear power production. As part of the plan, the government wants to build one more reactor at the Temelin nuclear plant and another at the Dukovany plant, with an option to build yet another reactor at each site.

Unlike some other European countries, the Czech Republic heavily relies on nuclear energy.

Major players from the United States, Russia, France and other countries are expected to bid for a lucrative Czech nuclear contract.

South Korean companies have invested more than $4 billion in the Czech Republic.

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from Business Insider http://ift.tt/1N3u3wR