Moldova Investment and Export Promotion Organisation - Miepo
Key Competitive Attractions
Key Competitive Attractions:
- Seven Free Economic Zones
- In 2009, total investments in the Free Economic Zones totalled $125 million.
- VAT exemption on imports of goods and services by residents of scientific and technological parks and innovation incubators.
- Sustained macroeconomic stability.
- In 2009, FDI accounted for 1.6% of Moldova’s GDP, reaching $2,604.2 million.
- Moldova currently receives investments from 91 countries, mainly from EU-27, CIS, USA and Canada.
- High levels of privatisations and reinvested earnings reflect the level of trust that investors have in the Moldovan economy.
- Liberalised foreign trade regime since 1994
- Low labour costs - the average gross monthly wage in 2009 was MDL 2,529 (€ 156).
- A member of the WTO, BSEC, SECI, and GUAM.
- Bilateral Free Trade Agreements with CIS countries, except Tajikistan, and a multilateral Central European Free Trade Agreement.
- Exports in 2009 amounted to $1.29 billion, 37.8% of which accounted for by CIS countries.
- Imports in 2009 amounted to $3.278 billion
Infrastructure:
- Giurgiulesti International Free Port (GIFP) is situated on international trade and transportation routes, including the European and Russian railway networks, and the Rhine-Main-Danube waterway corridor, linking to 14 European countries, the Black Sea, and the North Sea.
- Chisinau International Airport is an excellent logistics centre for international freight.
- The Free International Airport Marculesti (FIAM) consists of an aerodrome and the Business Development area, providing exceptional investment opportunities in aerial transportation and services, and industrial production.
- Moldova’s road network stretches over 9,467 km, and is Moldova’s most impressive infrastructure asset.
- The Republic of Moldova will soon benefit from two major infrastructure developments: integration into the European transportation system, and being crossed by the 9th European transportation corridor connecting the Scandinavian and Balkan countries.
- The Moldovan rail infrastructure connects to the CIS networks, providing access to Odessa seaport and the expanding Black Sea markets.
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