Moldova open for investment - PM says

Chisinau, 28 September /MOLDPRES/- Investment opportunities in Moldova were discussed today in New York at a meeting between Prime Minister Pavel Filip and representatives of the Business Council for International Understanding, the government’s communication and protocol department has reported.

The premier said that over the last two years and a half significant progress has been made: steady economic growth has been ensured, with 5.2% in the second quarter of this year, stabilization of the financial and banking sector has been achieved and a number of actions have been taken for improving the business climate and reducing bureaucracy.

Filip said that Moldova has real chances to align with European countries on competitiveness and investment. "Moldova is open to direct investment, and legislation allows investment in any field of activity. We have robust and sustainable economic growth, which already takes effects in the everyday life of citizens. But we want more and we have arguments for the investors to look carefully at Moldova,” he said.

Filip referred to the facilities offered in industrial parks, IT parks and in free economic areas. Currently, seven free trade zones are operating in Moldova, where investments of about 115 million dollars were attracted last year.

Representatives of the Business Council for International Understanding praised the government's actions to support the business environment and expressed interest in investing in agriculture, IT and renewable energy.

The Business Council for International Understanding was set up as an initiative of the White House by President Dwight D. Eisenhower. The organization facilitates dialogue and initiatives to expand international trade and encourages economic development worldwide.