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Published byFrederick Copeland Modified over 9 years ago
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Moldavian Industry attractiveness for foreign investors Ministry of Industry and Infrastructure of the Republic of Moldova
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General area - 33,800 km2 General population – 3,58 mln - in the Capital Chisinau – 717 thous. General employment for economy – 1,3 mln - for industry – 160 thous. Official language – Moldavian -language widely used – Russian Republic of Moldova – General Overview 1.Moldova - neighboring country of the EU 2.Existence of stimulating legal framework for industry development 3.Commercial preferences offered by the EU 4.Possibility to activate in an industrial and technological park Comparative advantages
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200520063 rd quarter 2007 GDP (%)100,0 Industry (%)15,814,414,8 Share of industry in GDP Industry share in general export78.4% Employment in industry branch (% general employment) 12.3% Number of big industrial companies: ≈ 680 - state-owned 7.5% - with foreign capital 15.5% Moldavian industry – overview, structure, trends
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Moldovan Industry – overview, structure, trends In 2006 general profit in industry before taxation reached about 44 mln. USD Since 2000 the volumes of production have been increased more than twice and a half Dynamics of industry production (mln. USD)
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Legal Framework for industrial activity - National Development Strategy for 2008-2011 - Program of Government activity 2005-2009 - Industry development strategy till 2015 - Law on investments in enterprise activity - Law on principles of enterprise activity regulation - Law on industrial and technological parks - Moldova is full-fledged member of the UN industrial development organization (UNIDO)
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Industry Strategy goals till 2015 Annual increasing of industry production > 8%; Industry share in GDP > 20%; High scientific products > 2 %; Share of employed population in industry >20%;
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Conditions for reaching of Strategy Goals -Macroeconomical stability -Structural reforms -R&D improvement -Entrepreneurship development -Investments protection -Export promotion -Quality improvement
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-Industry of glass and paperboard -Industry for development of electronics -Machine building and equipment industry - Light industry Priority Branches
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JSC «Mioara» JSC «Apromaş» JSC «Artmet» JSC «Electrotehnica» State Enterprise «Alco - N» JSC «Mezon» JSC «Sigma» JSC «Micron» JSC «Vibropribor» The JS production and comercial factory «TEBAS» JSC The gewerly factory «Giuvaier» JSC «Comert Petrol» JSC «Energoconstructia» JSC «Aprovizelectro» JSC «CTI - CAPITAL» *
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Proposals for cooperation Producing of technics for testing in energy and building industry Producing of microelectronic equipment Producing of pumps and pneumatic equipment Navigation systems and hydroacustics Medicine equipment Agriculture technics and parts
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Thank You !
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