
The construction sector of Moldova can receive investments of hundreds of millions of euros per year in the energy efficiency sector of buildings – the Ministry of Energy.
Energy Minister Victor Parlicov announced this while speaking at the DAR - Digital transformation, AI and Business Resources conference, organized by a company specializing in the implementation of new technologies in the field of analysis and intelligent business management systems. He spoke about the process of strengthening the energy system, attracting investments in the sector and opportunities to develop the business environment. The head of the Energy Ministry said that Moldova's productive energy consumption is very low. According to him, energy security was not guaranteed in Moldova until recently. “An investor who wants to make serious investments, to be able to produce or export, always looks at the situation with energy security and energy prices. As far as energy efficiency is concerned, Moldova is a country where only 20% of the energy consumed goes to the industrial sector or agriculture, and about 50% goes to household consumers. This requires us to invest in the energy efficiency of buildings,” Victor Parlicov said. The Minister of Energy urged the forum participants to take advantage of investment opportunities offered by the government. “As far as the construction industry is concerned, we can take advantage of investments of tens and even hundreds of millions of euros per year in the energy efficiency sector of buildings. There is a limitation in our country in terms of absorbing these funds - we do not have enough companies capable of doing the work according to European standards. There are more funds than our ability to utilize them, and I want to encourage business to look at these investments and these sectors as a long-term perspective,” said Victor Parlicov. The conference was attended by businessmen interested in access to state funds intended for the development of small and medium-sized businesses, including in the energy sector, as well as representatives of companies engaged in the implementation of innovative systems for process analysis and optimization. The conference program included panel discussions on Moldova's prospects and financial opportunities in the context of negotiations with the EU, presentation of programs and instruments of state support, as well as success stories of local companies in terms of using grants. // 31.05.2024 - InfoMarket.