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The total investment of companies operating in the Balti FEZ exceeds $217 million.

The total investment of companies operating in the Balti FEZ exceeds $217 million.

The Chief Administrator of the Balti Free Economic Zone, Marin Ciobanu, announced this while speaking on the air of the TVR Moldova channel. He recalled that in general there are 7 free economic zones in Moldova, and the Balti FEZ was the last to be created in 2010, but during its operation it managed to achieve very tangible indicators that overlap the general indicators of all the others taken together FEZ of Moldova. The Chief Administrator of the Balti FEZ stressed that the country's free economic zones are open to all investors, regardless of their country of origin and industries, if they offer investments to launch new industries in Moldova, create new jobs. According to him, the main export product in the Balti FEZ is the products for the automotive sector. However, a number of Romanian companies operate in the same free economic zone. These companies provide design and construction services to large investors such as Draexlmaier, Gebauer & Griller, Sumitomo, etc that are opening their new production sites in the Balti free economic zone of Moldova. Marin Ciobanu noted that almost 99% of the total investors in the FEZs operate in the Balti FEZ. He also recalled that the this FEZ is present in 11 regions of Moldova where there are its sub-zones. The Balti FEZ production sites are located in Straseni, Falesti, Chisinau, Stefan Voda, Cimislia, Causeni, Cahul, etc. // 26.02.2021 - InfoMarket.

News on the subject

The investment program of JSC “Moldovagaz” and its subsidiaries was implemented in 2020, according to preliminary estimates, in the amount of 130.5 million lei.
The investment program of JSC “Moldovagaz” and its subsidiaries was implemented in 2020, according to preliminary estimates, in the amount of 130.5 million lei.
Moldova will receive from Germany a new 10 million euros grant for a project to develop a water supply system in the central regions of the country.
Moldova will receive from Germany a new 10 million euros grant for a project to develop a water supply system in the central regions of the country.
The European Union approves the disbursement of €5 million to Moldova for police reform support.
The European Union approves the disbursement of €5 million to Moldova for police reform support.
The Chisinau City Hall will receive a grant worth up to 9 million euros under the EIB-funded Solid Waste Management project in Moldova.
The Chisinau City Hall will receive a grant worth up to 9 million euros under the EIB-funded Solid Waste Management project in Moldova.
The United States is ready to invest more than $250 million in the construction of a new embassy in Chisinau on the territory of the former Republican stadium and calls on the Moldovan authorities to fulfill their obligations to sell it.
The United States is ready to invest more than $250 million in the construction of a new embassy in Chisinau on the territory of the former Republican stadium and calls on the Moldovan authorities to fulfill their obligations to sell it.
The WB will facilitate Moldova's access to a $ 80 million loan allocated to it for the repair and modernization of 150 km of local roads.
The WB will facilitate Moldova's access to a $ 80 million loan allocated to it for the repair and modernization of 150 km of local roads.