The construction of the new office of the US Embassy in Moldova will get a special status and the property located on the territory of the former stadium will be expropriated
The government approved the relevant draft law at a meeting on Wednesday. In particular, the works on the construction of a new building of the US embassy in Moldova are to be proclaimed public works of national importance. All the buildings, including unfinished ones, located on the territory of the plot with the cadastral number 0100208.277 downtown Chisinau, as well as the real property rights to this plot and the property located on it, are to be expropriated. The government undertakes to take all measures necessary for the expropriation, with the payment of compensation from the state budget. The government will document all payments and expenses related to the expropriation and subsequently submit them to the US government for reimbursement, in accordance with the previously concluded intergovernmental agreement. The bill must be approved by parliament. As a reminder, the new building of the US diplomatic mission in Moldova will be built on a plot of land of about 5.2 hectares at 12 Tighina Street. Last summer, the Moldovan parliament ratified an agreement between the Moldovan and US governments on the purchase of property for the new US Embassy building in Chisinau for 18 million euros. The declared investment will amount to approximately $240 million. The area, which has been abandoned for 17 years, will be restored with US financial assistance: the historic gates of the former Republican Stadium will be restored and a new park will be laid out. The purchase price of the real estate for the new building of the US Embassy in Moldova was agreed in accordance with the provisions of the Law on Paid Transfer of Real Estate. The authorities will use the 18 million euros received to implement important projects: the renovation of a number of sports schools, a feasibility study and design of the future National Stadium and the creation of the Culture and Modern Art Center “Universul”. The US will also reimburse up to €7.5 million in costs related to the transfer of the freehold land, including any payments related to the expropriation and freeing it from any buildings. // 05.02.2025 - InfoMarket
