Republic of Moldova - Value for Money

1. Dona SCOLA Author: Date: Deputy Minister May 29, 2013 Republic of Moldova - Value for Money www.investict.md

2. CapableandBusinessFriendly

3. CapableandBusinessFriendly

4. Hub Between East and West

5. Hub Between East and West

6. Educated and Skilled Labour

7. Educated and Skilled Labour

8. Growing Local Market

9. Government committed utilizing IT

10. The IDCPerspective It has one of Europe's lowest costs of doing business The government has developed numerous incentives for attracting foreign firms.A skilled labor force and a 7.4% unemployment rate means people are looking for work. And there is plenty of office space. Moldova well positioned for high-value activities like analysis and design and software development and testing MoldovaisEuropean Its culture and history are intrinsically linked to the rest of the continent. Its system of education, business processes, and business approaches align with those of Europe. It is still early days for both the overall IT market in Moldova and for the country's role as an IT development and services location Spending on nearshore activities will be more than 40% higher. While the potential for building cost-effective centers is high, the market is small – because the country is small – and international vendors that move quickly will have the advantage.

11. Plan for it Leadership needed – managementand up Management standards are still developing in Moldova. Since the collapse of the Soviet Union, commonly accepted practices employed in free-market economies have been slow to take hold in the business community. Training required – adding experience to intelligence Just because training is considered important and generally a positive part of the corporate world does not mean it happens. Productivity – room for improvement On the surface, the productivity level of the IT service industry in Moldova might ring alarm bells among those thinking of building IT development and service centers there.

12. Find out More Visit www.investict.md and Download ICT Whitepaper, Download the PowerPoint presentation, Dowload the PDF Brochure Open the Business to Business ICT Portal www.b2b.ict.md and find a partner Look for contacts and partnerships on the B2B directory of moldovan ICT companies. Get in Touch Ministry of Information Technology and Communications +373 22 251 175 & contact@investict.md www.mtic.gov.md Moldovan Association of Private ICT Companies +373 22 887 000 & office@ict.md www.ict.md

13. Thank you for your time! If you need additional information, feel free to contact us: Dona Scola, Deputy Minister, Ministry of Information Technology and Communications Address: Moldova, Chisinau, Stefan cel Mare str. 134 Email: contact@investict.md Website:www.investict.md Phone:+373 22 251 175 www.investict.md

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