An investment of more than 72 million lei will transform the rural area of the village of Ratus, Criuleni district, into a production center for prefabricated reinforced concrete elements. The “Gido PARK” company has signed a state aid agreement with the Ministry of Economic Development and Digitalization for the construction of a factory for the construction sector, IPN reports.
Of the total value of the project, the state will contribute more than 43 million lei, of which about 11 million in the form of a grant and the rest through partial income tax exemptions. Works are scheduled to start in June 2025 and will last 13 months.
The plant will produce pre-stressed reinforced concrete parts used in industrial, commercial and road infrastructure.
The project will create at least 40 new jobs and is part of a wider government plan to support investment in strategic industries. Over the next three years, the Ministry of Economic Development and Digitalization aims to support at least 150 such initiatives with a total budget of 2 billion lei.
The company “Gido PARK” has been active since 2014 in the field of commercial and industrial construction, with a portfolio of projects realized for well-known national brands. Construction continues to be an essential sector of the Moldovan economy, contributing almost 8% to GDP formation in 2024.