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Moldovan businessmen have already invested more than 1 billion lei by means of the government's "373" program.

Moldovan businessmen have already invested more than 1 billion lei by means of the government's "373" program.

Prime Minister Dorin Recean announced this, noting that this is an encouraging start, which shows the potential of this project. "I am happy to see that among almost 250 enterprises with 3,703 employees, there are 60 companies managed by women and more than 70 young people developing investment projects under the program," Dorin Recean said. According to him, the largest investments were made in renewable energy production and supply projects (37%), transportation and storage (23%), manufacturing (18%), agriculture (8%) and health (6%). All of these projects are creating new good-paying jobs and offering new economic development opportunities in all regions of the country. "The government is building a strong economy and supporting entrepreneurs by creating a better environment for businesses to grow here at home. I encourage businessmen to invest in Moldova and to continue to benefit from the access to advantageous financial resources offered by this program," concluded Dorin Recean. As InfoMarket reported earlier, within the state program "373", entrepreneurs can apply for a loan of up to 15 million lei with an interest rate of 7% per annum in lei (MDL) and 3% per annum in foreign currency. The investment credits can be attracted by small and medium-sized enterprises for a term of up to 7 years with a grace period of up to 3 years. The state program "373" also provides for guaranteeing up to 40% (depending on the circumstances) of the value of loans through the Credit Guarantee Fund from the portfolio of the Entrepreneurship Development Organization (ODA). // 04.03.2024 – InfoMarket

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