Japanese businesspeople willing to invest in Moldova's agriculture

Chisinau, 12 February /MOLDPRES/ - A group of businesspeople from Japan want to invest and back the agriculture of Moldova. Statements to this effect were made at a 11 February meeting between Japanese businesspeople and Agriculture, Regional Development and Environment Minister Ion Perju.    

The potential investors from Japan referred to the intention carry out a project on support of Moldovan farmers. According to them, the programme will facilitate the maintenance of farmlands, through implementation of new technologies of tilling land with advanced agricultural equipments.

For his part, Ion Perju appreciated and welcomed the foreign businesspeople’s willingness to invest in agriculture in Moldova. The official noted that the competent ministry “analyzes all opportunities of support for farmers, negotiates and holds discussions with development partners and potential investors, in order to be able to offer the most efficient solutions of tilling the land with the use of advanced agricultural equipment.”  

The sides agreed that they would study in detail the concept of project and would decide on how it would be implemented.

Presently, about 40 cooperation documents are signed between Moldova and Japan, most of them on the providing of financial and technical assistance to Moldova. Also, Japan is one of the main sources of investments in Moldova’s automotive industry. Factories of wiring of two big Japanese companies, Sumitomo and Fujikura, which became residents of free economic zones, have been opened in the country. In the last several years, Sumitomo has invested 30 million euros in the opening of a factory with 2,500 jobs and Fujikura invested 20 million euros and created about 2,000 jobs.