“We are very far from the results achieved in attracting foreign investment before the crisis in 2008, when it amounted to US$711 million,” Deputy Prime Minister and Minister of Economy Valeriu Lazar said, commenting on the achievements of the national economy in 2013 and 2014. Moldova, as the whole region, witnesses a decline or a very modest rise in the foreign direct investment (FDI), he stated, quoted by IPN.
“The foreign direct investment is made very carefully, not only in Moldova, but also in the other countries of the region. Even if the FDI attracted to the national economy last year increased by 32% on 2012, its share of 2.9% of the GDP is a great challenge for an economy that wants to modernize and for which the access to financial resources is a constraint,” Valeriu Lazar said in a roundtable meeting.
“That’s why the promotion of policies and actions aimed at stimulating the foreign direct investment remains an absolute priority for Moldova. This task is not an all easy when there is apathy at regional and world levels in this sector and when the electoral year is marked by geopolitical dilemmas.”
He said that he has high hopes related to the attraction of FDI. The Moldova Business Week 2014 will take place in Chisinau between June 5 and June 12. It will include economic forums in the country’s regions, which will involve more than 100 foreign businessmen who may want to invest in Moldova’s economy.
According to the National Institute for Economic Research, the net FDI in 2013 came to US$231.3 million, as opposed to US$175 million in 2012. About 70% of the FDI were invested in the registered capital. Compared with 2012, the investments made from reinvested incomes increased.
