The cables factory Fujikura Automotive MLD, opened by the Japanese concern Fujikura on the territory of the Expo Business Chisinau free economic zone, will provide 1,200 jobs that meet the international standards and will end up hiring 3,000 people in 2020, IPN reports.

Taking part in the factory opening ceremony, Prime Minister Pavel Filip said the investments made in the Republic of Moldova enable the Government to raise salaries, pensions and social welfare and to thus improve the living standards of the people.

Masahiko Ito, Chief Executive Officer and President of Fujikura Ltd., said the company found a suitable destiantion for extending its business in Moldova. 

The Japanese auto cable and wiring manufacturer Fujikura employs over 54,000 people worldwide. Founded in 1885 with headquarters in Tokyo, the group has subdivisions operating in a number of states.