About 8m lei earmarked for attracting investments

Approximately 8 million lei will be allocated this year from the state budget for the activities contained in the action plan for implementing the investment attraction and export promotion strategy for 2006– 2016 that was worked out by the Ministry of Economy, Info-Prim Neo reports. The 45 activities are designed to improve the policies aimed at attracting investments, promoting investments into infrastructure, denationalizing the public patrimony and improving its management, developing the financial market and creating industrial parks, and fostering the exports of goods and services. There will be staged economic missions and bilateral Moldovan-Ukrainian, Moldovan-Chinese, Moldovan-Danish, and Moldovan-Israeli business forums and the traditional Investment Forum in Moldova that is organized in concert with WAIPA (Vienna Forum). The state will finance the participation of eight Moldovan economic entities in ProdExpo, London Wine Fair, World Travel Market 2012, Textillegrom and other international exhibitions and fairs. Ion Lupan, the head of the Economy Ministry’s Industrial Polices and Competitiveness Division, said the given plan was drawn up based on the suggestions made by the central public authorities. “It should be noted that some of the activities were carried out or are under implementation,” he stated. The money will be allocated through the Export Promotion Project.

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