Moldovan PM says cabinet being ready to create favourable conditions for attracting investors

Chisinau, 07 December /MOLDPRES/ – Being at the Balti Free Economic Zone (ZEL), Prime Minister, Ion Chicu, has visited the production plants of 02 resident companies: Dräxlmaier, with German investments, and Gebauer & Griller – with Austrian capital. Both companies are manufacturers of industrial wiring, the government's communication and protocol department has reported.

Dräxlmaier is the largest investor in ZEL Balti and specialises in producing car harnesses for automotive industry.

The Premier has discussed with the management of companies on the development of investor business, but also the challenges they face. The head of the Executive has been interested to know how the Government can support the development of industrial sector, so that Moldova becomes a lab for creating high value – added products.

"The Government is prepared to create favourable conditions for attracting investors. We know what needs to be done for it, but we want to reset our agenda of measures according to needs of economic agents. We see the first experience and it serves as a basis for attracting other investors into region," said Ion Chicu.

PM has also emphasised that the development of industrial projects in Moldova would cause Moldovans not to go abroad, or even to return home. "I think the industrial platforms and engineers in Moldova are ready to contribute to the development of new products and technologies. The Cabinet is thinking on it and we are very interested to know how we can support such initiatives. We are sure that thousands of Moldovans will return home when they know that there are jobs near their dwellings”.

Dräxlmaier has created over 6,000 jobs nationwide so far, and Gebauer & Griller has over 100 employees at present.