In particular, the new Investment Law establishes a consistent, stable, and predictable legal framework for investors, in line with EU legislation, aimed at stimulating domestic and foreign private investment through a competitive investment climate and fair market access. It is planned that investments will be directed, as a priority, toward strategic sectors: energy, technology, healthcare, and infrastructure; for large-scale projects, a differentiated regime is being introduced with clear eligibility criteria and special mechanisms coordinated through a single point of contact within the Investment Agency. For an investment to be considered strategic, its value must be at least 10 million lei. Investments totaling more than 20 million euros will be eligible for land-related incentives: such investments are eligible for the transfer of publicly owned land plots for use under a gratuitous use agreement or a right of superficies, without payment of annual rent or royalties, for a term of up to 49 years; exemption from compensation for losses resulting from the reclassification of land out of the agricultural land category; exemption—subject to the consent of local authorities—from paying any fees to the local budgets of administrative-territorial units for the issuance of urban planning certificates, building permits, and/or demolition permits for land plots and structures that are an integral part of the investment project. Economic entities investing at least 40 million euros will be able to enter into investment agreements with the government. The bill prohibits the imposition of arbitrary restrictions or disproportionate administrative measures on investors that unreasonably limit the freedom to invest in Moldova. The law also aims to ensure transparency through the mandatory publication of investment announcements and access to information in internationally recognized languages. The document sets out the criteria on the basis of which national authorities may restrict or impose conditions on investments—the need to protect the public interest, as well as to prevent and combat money laundering and terrorist financing. The new law also strengthens legal protections for investors, regulates cooperation in the context of international disputes, and establishes a framework for safeguarding investors' rights in accordance with best international practices. The document explicitly regulates the resolution of disputes between investors and the state and the management of financial liability in the event of arbitration proceedings under the Investor-State Dispute Settlement (ISDS) mechanism in cooperation with the European Commission. Among the law's innovations are the removal of the term "foreign investor," since the new definition of investments covers both domestic and foreign investors, as well as the introduction of terms which were absent from the previous law, such as "strategic investments" and "resident/non-resident." The draft law will be considered by Parliament in its second reading. Once adopted, the new law will take effect six months after its publication in the Monitorul Oficial, with the exception of the chapter concerning the management of financial liability related to court proceedings in the resolution of disputes between investors and the state. These provisions will take effect on the date of Moldova's accession to the EU. // 03.09.2026 — InfoMarket