Foreign Investors Association members invested over 1.1 billion euros in Moldova
11:36 | 21.09.2018 Category: Economic
Chisinau, 21 September /MOLDPRES/- The Foreign Investors Association (FIA) celebrated the 15th anniversary under the slogan "15 years of investment in the future of Moldova". The total investment of FIA member companies is about 1 billion 150 million euros, according to a press release by the Association.
The Association is made up of 18 members from 11 countries - the largest Moldovan companies with foreign capital, where over 16,500 people work. The companies operate in almost all sectors of the economy: industry, agriculture, infrastructure, telecommunications, medicine, distribution, consulting etc.
The FIA member companies believe that by sharing experience and jointly coordinating the efforts of foreign investors and authorities, a clear understanding of the specific issues and decisions affecting the business environment and the investment climate in Moldova can be formed.
FIA Executive Director Ana Groza noted the unprecedented level of implementation of the proposals included in the latest edition of the White Paper of September 2017. About 70 percent of the FIA's proposals are accepted, 18% - 13 proposals are already implemented and enforced in practice, 38 proposals (52 per cent) are at stage of draft laws, government decisions, Groza said.
“Foreign investors have brought not only money to Moldova. We have created an environment that enables us not only to secure the sustainable development of our business but also to positively influence the sustainable development of the whole country," FIA chairman Alexander Koss said.
He added that the prospect of investment in Moldova, including foreign ones, depends directly on how much both investors and the government are visionary and able to cope with global and local challenges. “At the same time, we do not want to measure everything with short periods - from elections to elections. The Association of Foreign Investors is outside politics and is able to interact effectively with each government,” Koss said.
The Foreign Investors Association includes companies from France, Germany, Great Britain, Turkey, Austria, Sweden, Japan, Ukraine, Italy and Kazakhstan.
(Reporter V. Bercu, editor L. Alcază)
