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The French Development Agency will provide Moldova with 60 million euros by the end of 2022 for the modernization of the energy and railway sectors.

The French Development Agency will provide Moldova with 60 million euros by the end of 2022 for the modernization of the energy and railway sectors.

This was discussed during the meeting held in Paris by the President of Moldova, Maia Sandu, with the Director General of the French Development Agency, Rémy Rioux. The head of state welcomed the opening this year of the French Development Agency office in Chisinau and the assistance provided by the agency to a number of key areas of the country. In particular, Maia Sandu thanked for the financial assistance of 15 million euros provided this year to cover the needs of the budget in the social sphere, health and education, as well as for 60 million euros, which will be received by the end of 2022 and will be used for the railway sectors and areas of renewable energy sources. In addition, Maia Sandu noted the assistance provided by the French Development Agency in the modernization of the energy infrastructure, which will bring the Moldelectrica network to European standards, as well as the support provided by the agency to the Ministry of Infrastructure and Regional Development for the modernization of the railway sector, including the restructuring of the State Enterprise "Railway of Moldova". With regard to the sustainable development of the country, the French Development Agency will continue to provide support through the implementation of projects in three key areas: the creation of electrical interconnections and the energy efficiency of buildings; reforestation and irrigation; modernization of water supply and sewerage systems.//22.11.2022 — InfoMarket.

News on the subject

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