Investment by Moldovan companies up by 12%

Chisinau, Nov. 29 /MOLDPRES/- Investments of Moldovan companies increased by 12% in nine months of this year, compared to the same period in 2023. The figures were presented by Deputy Prime Minister Dumitru Alaiba, who said that already for the third quarter in a row there are clear signs of economic recovery after a decline in investment activity due to the war.

"Moldovan companies continue to invest! Today's investments mean tomorrow's economic growth. They translate into better wages, increased productivity and, implicitly, higher exports. Investing means having confidence. It's a decision that reflects the belief that your business is growing, will grow and that the direction the economy is taking is the right one. This confidence is the result of a joint effort - entrepreneurs take courageous decisions and we give them the necessary support," said Alaiba.

The official stressed that the authorities have promoted ambitious reforms, launched new financing programs and provided thousands of grants. 

According to statistics, in the last two years, the Ministry of Economic Development and Digitalization, through programs managed by the Organization for Entrepreneurship Development, has supported more than 8,300 entrepreneurs through initiatives funded by the Government of the Republic of Moldova and the European Union.