Energy investments
With CEPA representatives, the minister discussed the economic and energy security of the region, opportunities for investment in infrastructure, energy efficiency and renewable energy, grid modernization and projects oriented towards the European market.
He stressed the need to strengthen energy independence, development of renewable energy, investment in storage capacity and modernization of energy networks to ensure a secure and attractive investment climate.
In Washington, Minister Osmokescu discussed with representatives of the Washington Energy Council the strengthening of Moldova’s energy security, the development of a sustainable energy mix, including small modular reactors (SMR), innovative solutions for digitalization and industrialization, as well as joint feasibility studies.
Digital transformation
The meeting with Mike Ryan from EDPNC provided an opportunity to discuss new areas of collaboration between Moldova, North Carolina partners and international organizations in healthcare and crisis management. Ways to expand partnerships through projects connecting companies, innovation centers and financial institutions from Moldova and North Carolina were discussed.
Discussions with Widelity Inc. representatives included support for Moldova’s digital transformation, development of the IT ecosystem, cybersecurity, telecommunications and satellite infrastructure, and training of professionals in advanced engineering and technology.
According to Osmokescu, cyber security, development of the IT sector and new technologies, including artificial intelligence, are key factors of economic security and competitiveness.
“Moldova reiterates its commitment to create a modern, digital and sustainable economy in close cooperation with international partners,” he said.
The minister said Moldova is committed to transforming its economy into a modern and digital one, utilizing U.S. technology and expertise to develop infrastructure, innovation and energy independence, and to support Ukraine’s recovery.
“Moldova is positioning itself as a predictable, reform-oriented state open to investment, including the context of Ukraine’s reconstruction,” Osmokescu said.
