The first FIA White Paper was prepared in 2005. Since then, the adoption rate of its recommendations has consistently exceeded 80%. It remains the main platform for constructive dialog between FIA members and government agencies, as well as for improving the investment environment in the country.
This year’s investor recommendations were prepared in the context of the Republic’s new status as a candidate country for EU accession. They were aligned with the Growth Plan of RM for 2025-2027 and the National Program for EU accession for 2025-2029 by 85-90%, confirming FIA’s role as a strategic partner of the government in the EU integration process.
“For more than twenty years, FIA member companies have been proving in practice that Moldova’s future is largely determined by the strength and quality of investments,” said Alphan Akpece, FIA President and CEO of Efes Vitanta Moldova Brewery. – The general interest of investors is simple: transparent, stable and predictable rules of the game. White Paper 2025 reflects not only the current challenges, but also our common vision to make Moldova more competitive, sustainable and attractive for long-term investments”.
The unified reform agenda of the White Paper 2025 includes eight thematic chapters.
Justice and rule of law. Justice reform remains a basic condition for strengthening the rule of law and investor confidence. The achievements of recent years in terms of judicial organization and improvement of disciplinary mechanisms are highlighted. At the same time, the need for sufficient resources, consistency and continuous monitoring of reforms is emphasized.
Tax policy and tax regulation. The White Paper emphasizes the need for a stable and transparent tax system harmonized with European standards and norms (including the implementation of BEPS II). The focus is on reducing the burden through digitalization of procedures, regulatory impact assessment and avoiding piecemeal changes that increase uncertainty for business and exports.
Human Capital Market and Education. The FIA recommendations are aimed at modernizing legislation and strengthening the education-business nexus. In particular, flexibility in the regulation of labor relations, the development of dual education, non-formal education, requalification programs and a stronger focus on digital skills.
Competitive Environment. The FIA favors strengthening the independence and sustainability of the Competition Council. Priorities include predictable procedures for reviewing concentrations and infringements, coordination with sector regulators and the public procurement system, and consistent control of state aid.
Transition to a green and sustainable economy. FIA proposes measures to stimulate investment in energy efficiency and renewable energy, introduction of a packaging take-back mechanism, ESG principles for green projects, etc.
Telecommunications and digital competitiveness. It recommends a phased transition to 5G, optimization of the cost and schedule of spectrum payments, simplification of procedures for placing communications infrastructure and preservation of a competitive tax regime for innovations, including IT parks.
Agricultural sector and land relations. Investors’ wishes concern predictable land turnover, protection of property rights and transparency of transactions: from digitalization of cadastre and registers to modernization of irrigation systems and compliance with agro-ecological standards.
Financial system. A competitive and innovative financial sector is key to investment and economic growth. Further strengthening of prudential supervision, development of capital market and fintech solutions, expansion of digital payment channels, and protection of consumer and depositor rights are recommended.
