A new shopping centre, representing an estimated investment of €250 million, will be built in Stauceni by two private companies. Prime Minister Vasile Tofan also attended the project’s launch, where he said that private investments on this scale are important for accelerating economic growth, IPN reports.
According to the government, the investment represents approximately 1.3% of the Republic of Moldova’s gross domestic product and ranks among the largest private investments made in the country since it declared independence.
The Prime Minister noted that projects of this kind help create jobs, develop services and stimulate the economy. He also stressed that attracting more investors is essential to achieving annual economic growth of 4–5%.
Vasile Tofan also highlighted the shopping centre’s potential to attract visitors from neighbouring countries and boost tourism. “The challenge is to get people from Iași to come to the mall in Chisinau, rather than just us going to Iasi,” the prime minister said, adding that he hoped more and more people would visit the capital for its shopping, restaurants, wines and events.