Moldova HiTech Park to Extend Mandate to 50 Years for Investment
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“Moldova HiTech Park” Expands Its Horizons to 50 Years

The authorities are proposing to designate the construction and development of the “Moldova HiTech Park” as a public utility project of national importance. Currently, the site allocated for this project lacks the technical and transportation infrastructure necessary for the operation of a technology park of this scale.
Svetlana Rudenco Reading time: 2 minutes
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Moldova HI Tech Park

According to the bill introduced in parliament, the government will be responsible for seeking and securing the investments necessary for the development of utility networks and transportation infrastructure related to the project.

The authors of the initiative argue that the site for the future park is not connected to existing electricity, water, and sewer systems, electronic communications, or other key utility networks. In addition, the road infrastructure in this area is considered insufficient to handle future traffic flows. The R2 national highway is already operating at capacity, and the interchange connecting to Bukovina Street is overloaded and unable to handle the traffic flow. Consequently, Bukovina Street must be expanded and modernized, including its extension toward the village of Gretiesti.

The project also provides for extending the operating term of “Moldova HiTech Park” from 30 to 50 years. According to the authors, the current term acts as a deterrent for investors interested in industrial and technological projects with long payback periods.

Another important change concerns the use of land within the park exclusively for economic, technological, and research activities. The draft law imposes a direct ban on the construction of residential facilities, including single-family homes and multi-unit residential complexes. Only temporary housing facilities intended for researchers, staff, residents, and visitors to the technology park will be permitted.

In addition, the document establishes a mechanism for managing state funds allocated for the park’s development. Funds from the state budget and other public sources may be transferred to the management company for the implementation of infrastructure projects and development programs. Administrative expenses may amount to up to 5% of the cost of infrastructure projects and up to 10% of the cost of development programs.


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