The investment activity in the Republic of Moldova in the first three months of this year grew by 2.9% compared with the corresponding period last year, to about 2.4 billion lei. The Ministry of Economy and Infrastructure said that among the main factors that fueled the growth were the rise in private investment supported by the increase in lending to the national economy and augmentation of investment financed with local public budget funds, IPN reports.
The private investments were the main source of growth for investment in the first quarter of this year. These came to 1.9 billion lei (+5.1%), which is about 77% of the total investment. The business entities directed their investments mainly to machines and equipment, nonresidential buildings, engineering constructions and means of transport. The improvement of the lending situation in the economy was one of the factors that favored such a development.
Public investment rose by 18% on average to 174 million lei. The public investment in units of transport grew by 77%, in computation equipment by 45%, in residential buildings 11%.
