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Broadcasting from Moldova Business Week 2020: Rodica Verbeniuc:

"The Invest Moldova Agency has assumed the role of guiding the local business community in the process of transformation and adaptation to the new economic reality. We re-evaluated our resources, identified the things that make us unique and translated them into an authentic business approach, turning restrictions into opportunities. The pandemic did not stop us, on the contrary:
-We launched platforms through which foreign investors can connect with Moldovan enterprises and build partnerships.
-We created a group of experts, including foreign investors in Moldova, to help our business community through the crisis.
-We provided support for the promotion of local products through trade platforms and international fairs, generating direct exports of over 33 million euros.
-We contributed to the launch of 5 new investment projects.
-We are confident that you will discover excellent investment and partnership offers presented by local companies, as well as many compelling reasons to grow your business in a sustainable way here in Moldova"

#mbw2020
#investmoldova
Dereck J. Hogan, US Ambassador to the Republic of Moldova at Moldova Business Week 2020

"Despite the pandemic, our business priorities in the Republic of Moldova have not changed, we focus on the development of bilateral trade and investment. We connect Moldovan companies and investors with international partners, bringing capital and resources to grow businesses, to expand markets, to generate higher profitability, but also to promote Moldovan products in the world. As the Republic of Moldova embraces smart technologies and moves to 5G to attract investment, we urge the authorities to ensure the necessary conditions for business relations to be conducted in safety, transparency and trust. We encourage authorities and entrepreneurs to work with Western companies to build a healthy business climate, signalling to potential investors that Moldova is a safe place"

#mbw2020
#investmoldova
Michio Kaku, physicist, writer, futurist at Moldova Business Week 2020

"When I think of the Republic of Moldova, I think of a rocket, which is close to launching, but not yet ready, although it has everything you need. It is a relatively young nation, full of ideas and enthusiasm, with all the ingredients needed for economic and social success: a world-renowned wine industry, fertile soil, mild climate - ideal conditions to start a business. To be propelled towards a bright economic future, the Republic of Moldova must reduce taxes and regulations on companies, encourage young people and, most importantly, promote the development of science and technology, which are the engine of prosperity."

#mbw2020
#investmoldova
Massimo Meloni, investment and enterprise policy expert:

Moldova should focus on stimulating additional post-investment services (administrative, operational, strategic), offered to both local and foreign investors, not just to keep them in these difficult conditions, but also to convince them to reinvest those who are already familiar with the climate.

Secondly, Moldova already has a relatively extensive regime of free economic zones, which it could during this period remodel into multifunctional zones, based on the excellence of infrastructure and business facilitation.

Third, to direct efforts to attract investment to projects that can help the country achieve its goals of digitalization and sustainability.

And, last but not least, to improve the global investment climate, with a focus on relevant legislation.

#moldova
#mbw2020
#investmoldova
Stefan Kratzsch, industrial development officer, UNIDO:

In #Moldova, many segments could benefit from Impact Investments - those made to generate social and environmental impact, not just profit. One area would be to capitalize on digitalization, which can provide better resource management and create a social and environmental contribution.

Another sector that could be interesting for impact investors is organic farming, and Moldova uses only 4% of its arable land for this purpose. In addition to the ecological dimension, it is a good opportunity to conquer new markets, as consumer requirement change, they become more aware of how food is produced and its traceability.

#mbw2020
#impactinvesting
#investmoldova