Moldavian Industry attractiveness for foreign investors

Ministry of Industry and InfrastructureMinistry of Industry and Infrastructureof the Republic of Moldovaof the Republic of Moldova

• 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 EU2. Existence of stimulating legal framework for industry

development 3. Commercial preferences offered by the EU4. Possibility to activate in an industrial and technological park

Comparativ

e

advantages

2005 2006 3rd quarter 2007

GDP (%) 100,0 100,0 100,0

Industry (%) 15,8 14,4 14,8

Share of industry in GDP

Industry share in general export 78.4%

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

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)

655,5808,3

919,5

1131,3

1470,81551 1621,7

0

200

400

600

800

1000

1200

1400

1600

1800

2000 2001 2002 2003 2004 2005 2007

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)

G DP s truc ture – forec as t 2015

13,30%

20,00%

42,00%

8,30%

1,50% 4,00%

Agriculture

Indus try

T rade andS ervices

T rans port andC ommunication

E nergy

B uilding

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%;

Conditions for reaching of Strategy Goals

-Macroeconomical stability-Structural reforms-R&D improvement-Entrepreneurship development-Investments protection-Export promotion-Quality improvement

-Industry of glass and paperboard

-Industry for development of electronics

-Machine building and equipment industry

- Light industry

Priority Branches

• 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»

• *

Proposals for cooperationProducing 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

Thank You !