English

The state will double the budget for investment stimulation

The budget of the Regional State Aid Scheme for investments realized in Moldova will be increased from 2 to 4 billion lei, Logos Press reported.
Reading time: 1 minute Autor:
Link copied
The state will double the budget for investment stimulation

The corresponding amendment to the document was introduced by the government at a meeting on October 15. The increase in the budget of the State Aid Scheme is dictated by a significant increase in demand from the business sector, as well as by the financial support provided by European partners.

Out of the total amount, 1 billion lei will be allocated in the form of non-refundable grants, while 3 billion lei will constitute a 50% discount on the income tax applied to the incomes from the investments made through this mechanism. Also, a maximum limit of 20 million lei per grant given to an enterprise will be introduced.

“We have started the process of incentivizing investments. We need to attract capital, draw attention to areas where the added value is higher and expand opportunities for a wider range of companies. This is the essence of the changes,” Prime Minister Dorin Recean said.

To ensure efficient and fair use of public resources, the process of evaluating applications will be strengthened. The Ministry of Economic Development and Digitalization will develop a methodology for assessing the eligibility of projects in order to select investment projects that ensure a long-term economic effect.

The Regional State Aid Scheme for investments implemented in Moldova came into force on January 1, 2025. It is a system of measures aimed at stimulating investment activity in a certain region, including various types of state support, such as subsidies, tax incentives and guarantees. Such a scheme can be aimed at supporting specific industries, small and medium-sized businesses, creating jobs and attracting capital for the development of the regional economy.

Since the launch of the program, 8 enterprises have already benefited from its support.


Реклама недоступна
Must Read*

We always appreciate your feedback!

Read also