“From industrial growth to digital innovation and energy security, the republic offers real opportunities for international investors,” Natalia Bejan, director of the Moldova Investment Agency, told Dubai-based Gulf News. And she listed 10 attractive features of our country.
Moldova is an official candidate for EU accession and plans to become a full member within the next five years. This means that investors can benefit from the same standards and protection as in the EU even before full accession.
Moldova’s geographical location makes it a key logistics and support center for Ukraine’s post-war reconstruction. UAE logistics companies and construction firms may find here an opportunity to enter the Central and Eastern European market.
The EU has opened new funding for €1.9 billion over three years. The funds will be invested in infrastructure, education, green energy and entrepreneurship in Moldova. Investors in these sectors can benefit from partnership, co-financing or subcontracting.
Moldova has already digitized 65% of government services, from registration to tax filing. Full digitalization is expected to maximize investor convenience by 2030.
Technology and outsourcing are booming. The ICT sector now contributes more than 7% of GDP and 88% of digital services are exported. Moldova is fast becoming a center for highly skilled outsourcing – an ideal location for UAE companies looking to expand back office or development activities.
Multilingual and educated workforce. More than 80% of Moldovans speak at least two languages, including English, French and Italian, making it easy for international companies to start a business without communication barriers.
Fast access to the EU and CIS. Goods can be delivered to any EU or CIS market in 4 days and Moldova is in time zones compatible with the UAE, EU and most of Asia, ideal for cross-border e-commerce and manufacturing.
Free access to trade for 800 million consumers. With 47 free trade agreements, Moldova provides businesses with access to Europe, Central Asia and other countries, making it a developed export base.
With visa-free travel to more than 100 countries (including the UAE) and more than 350 weekly flights in the summer, Moldova is open to international business and tourism.
State support of up to 60% for key sectors. Strategic investors in areas such as renewable energy, industrial production or IT services can receive state support covering up to 60% of eligible costs, including training, R&D and infrastructure.
“This fall, Moldova will host major international business forums. Perhaps now is a good time to take a closer look at it,” suggested Natalia Bejan.
