Chinese company willing to build an industrial park in Moldova

10:59 | 23.06.2017 Category: Economic

Chisinau, 23 June /MOLDPRES/- The Chinese company “Sinomec” is interested in carrying out investment projects in Moldova in the energy sector, especially, the photovoltaic and renewable energy, infrastructure, agri-food sector etc. A statement on the matter was made by company head Zhu Haixing at a yesterday’s meeting with Deputy Prime Minister, Economics Minister Octavian Calmic.

According to the Economics Ministry’s press service, Zhu Haixing said that the company decided to enter Moldovan market following an analysis of the fiscal, economic, customs and other opportunities offered by the Moldovan authorities to foreign investors, as well as the advantageous geographic location of our country, which can become a bridge between China and the community market.

Zhu Haixing also noted that “Sinomec” intends to build an industrial park in Moldova for the production of photovoltaic panels and accessories for the installation of such parks, production of energy from renewable sources etc. In the context, the official said that the company he represents has experience in making such investment projects in Belarus (about 1.7 billion dollars) and Vietnam (105 million dollars), which contributes not only to create new jobs, but also to increase revenues to budget and exports.

Calmic welcomed the company’s decision to enter the Moldovan market with large-scale investment projects, proving once again that the measures taken by Chisinau authorities to create an attractive environment for business in the country and from abroad are successful, our market becoming more attractive for foreign capital. “The growing interest of Chinese companies in the Moldovan market shows that the economic relations between China and Moldova have an upward trend, opening up new opportunities for bilateral cooperation in all sectors”, he said.

The officials agreed on a set of measures due to be taken in the near future in order to shift to practical procedures for initiating and implementing investment projects. Moreover, they agreed to consider the possibility to build an industrial park by late 2017.

(Reporter A. Mardare, editor A. Răileanu)

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