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Moldovan economic development minister unveils vision for industry's development: salaries to increase by 27 per cent in sector

15:43 | 18.06.2024 Category: Economic

Chisinau, 18 June /MOLDPRES/ - The authorities are set for increasing the average salary in the industry sector by at least 27 per cent and the sector’s contribution to the Gross Domestic Product (GDP) should grow from 8.2 up to 11.5 per cent. The goals are contained in the national programme on industrialization. Deputy Prime Minister, Economic Development and Digitalization Minister Dumitru Alaiba today unveiled the main provisions of the programme.    

Dumitru Alaiba said that, ‘’for too much time, the industry has been in decline, with its contribution to GDP decreasing from 40 per cent in 1991 to as little as 8 per cent in 2023.’’ According to the official, ‘’it this for the first time after decades, that a government has a concrete plan and a clear-cut vision for the development of industry.’’  

„The industry is the heart of a sound economy. We will re-bring the industry to growth by concrete measures,’’ the deputy PM noted.   

Thus, the authorities are set to increase the industry’s contribution to GDP from 8.2 per cent (in 2023) up to 11.5 per cent in 2028 and to increase the average salary in industry by at least 27 per cent. Another objectives set regard the increase by 25 per cent of the quantity of industrial products exported and the increase by 15 per cent of the number of jobs in the processing industry.       

„We have identified the priority sectors. Moldova has a significant competitive potential. We consider that we can be competitive in pharmaceutics, electronics, machine-building and automotive industries, textile and clothes industry, industry of construction materials, foot industry, etc.,’’ Dumitru Alaiba also said.    

The official specified that the strategic plan of the authorities for developing the sector regard the attraction of productive investments, creation of safe and well-paid jobs, development of the industrial infrastructure. At the same time, the plan sees clear-cut measures for growth, such as the development of the processing industry, turning to account of the financial instruments and programmes from the Organization for Entrepreneurship Development (ODA), improvement of the policies and capacities for better access to the labour market.    



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