Asian capital expected to come to Moldova

Moldova has all the chances to become one of the most attractive states to invest for the Asian countries, the director of the Moldova Business People Association (AOAM) Andrian Candu said upon his return from the Russia and CIS Investment Summit held in Hong Kong last week, Info-Prim Neo reports, quoting sources in the Association. “Moldova should also adjust its investment priorities given that the Asian capital market became one of the most dynamic financial forces in the world, with considerable investments in international organizations and purchases of European and U.S. companies worth tens of billions of dollars,” said Andrian Candu. In the forum, Andrian Candu and experts and members of the Association had discussions with representatives of development banks and investment funds from Asia and of the Hong Kong Stock Exchange, and with representatives of the largest companies and investment funds from Russia and the Commonwealth of Independent States. Representatives of Asian investment funds and companies agreed to pay working visits to Chisinau during November 2010 – April 2011 to familiarize themselves with the investment opportunities in Moldova. In this connection, Adrian Candu said a transparent and predictable economy without political risks creates the conditions needed to establish successful investment cooperation relations. Moldova Business People Association is a nongovernmental, apolitical, nonprofit organization that aims to improve the business environment and support the entrepreneurial spirit for a sustainable economic development in Moldova, in accordance with the EU values. The main objectives of the Association are based on three directions: legislative initiatives for optimizing the normative framework; promotion of Moldova's image abroad and attraction of foreign investments; programs to support the SME sector, and building of an efficient business and investment environment.