Investor's guide to Gagauzia published

The Gagauz-Yeri authorities launched a guide for investors to Gagauzia, on December 24. The guide is a project through which the Comrat authorities want to attract the investors' attention, since the investments in Gagauzia account for only 1.7 % of the total in the country. “The guide contains all the necessary information for investors to decide whether it's worth to invest in Gagauzia,” said Governor Mihail Formuzal. According to him, the investment climate in the area has two advantages: a double guarantee (any project will be guaranteed through a contract signed with the governor and then passed through the regional parliament), as all the related decisions will be made locally. The guide describes opportunities to invest in Gagauzia. It presents 32 investment projects in agriculture, industry and tourism. Other 59 projects refer to real estate. The research is the first stage of a program about developing local economies through action and alliance. The second stage of the program provides for launching a Strategy on the economic development of the Gagauz-Yeri autonomy in February or March.