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Moldavian Industry attractiveness for foreign investors

Moldavian Industry attractiveness for foreign investors. Ministry of Industry and Infrastructure of the Republic of Moldova. Republic of Moldova – General Overview. General area - 33,800 km2 General population – 3,58 mln - in the Capital Chisinau – 717 thous.

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Moldavian Industry attractiveness for foreign investors

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  1. Moldavian Industry attractiveness for foreign investors Ministry of Industry and Infrastructure of the Republic of Moldova

  2. Republic of Moldova – General Overview • General area - 33,800 km2 • General population – 3,58 mln - in the Capital Chisinau – 717 thous. • General employment for economy – 1,3 mln - for industry – 160 thous. • Official language – Moldavian • language widely used – Russian Comparative advantages • Moldova - neighboring country of the EU • Existence of stimulating legal framework for industry development • Commercial preferences offered by the EU • Possibility to activate in an industrial and technological park

  3. Moldavian industry– overview, structure, trends Share of industry in GDP

  4. Moldovan Industry – overview, structure, trends Dynamics of industry production (mln. USD) In 2006general profit in industry before taxation reached about 44 mln. USD Since 2000 the volumes of production have been increased more than twice and a half

  5. Legal Framework for industrial activity - National Development Strategy for 2008-2011 - Programof Government activity 2005-2009 - Industry development strategy till 2015 - Law on investments in enterprise activity - Law on principles of enterprise activityregulation - Law on industrial and technological parks - Moldova is full-fledged member of the UN industrial development organization (UNIDO)

  6. Industry Strategy goals till 2015 • Annual increasing of industry production • > 8%; • Industry share in GDP>20%; • High scientific products > 2 %; • Share of employed population in industry >20%;

  7. Conditions for reaching of Strategy Goals • Macroeconomical stability • Structural reforms • R&D improvement • Entrepreneurship development • Investments protection • Export promotion • Quality improvement

  8. Priority Branches • Industry of glass and paperboard • Industry for development of electronics • Machine building and equipment industry • - Light industry

  9. JSC «Mioara» • JSC «Apromaş» • JSC «Artmet» • JSC «Electrotehnica» • State Enterprise«Alco - N» • JSC «Mezon» • JSC «Sigma» • JSC «Micron» • JSC «Vibropribor» • The JS production and comercial factory «TEBAS» • JSC The gewerly factory «Giuvaier» • JSC «Comert Petrol» • JSC «Energoconstructia» • JSC «Aprovizelectro» • JSC «CTI - CAPITAL» • *

  10. Producing of technics for testing in energy and building industry Producing of microelectronic equipment Producing of pumps and pneumatic equipment Navigation systems and hydroacustics Medicine equipment Agriculture technics and parts Proposals for cooperation

  11. Thank You !

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