Growth Plan resources directed towards strategic areas

The Growth Plan for Moldova represents the most extensive investment in the development of the Republic of Moldova in recent decades and provides an essential framework for modernizing our economy. The resources provided by the European Union are and will be directed towards strategic areas. Deputy Prime Minister, Minister of Economic Development and Digitalization Eugeniu Osmochescu provided details in an exclusive interview for MOLDPRES.

Among the areas where resources will be allocated are economic competitiveness, digital infrastructure, green transition, energy security, human capital development, and strengthening economic governance.


“This comprehensive approach allows us to build a development model comparable to that of EU member states and to support a profound and sustainable transformation of the economy,” said Eugeniu Osmochescu.


According to the official, the European funds are closely linked to the implementation of over 150 reforms that modernize the domestic market, improve the business environment, and align the Republic of Moldova with European standards.

In the energy sector, the priority is strengthening energy security and resilience through investments in electrical interconnections with Romania, modernizing infrastructure, and developing renewable energy.

Digital reform represents another major pillar: implementing the Digital Services Act, harmonizing the legal framework regarding e-commerce, simplifying customs procedures for online exports, expanding digital platforms, and international recognition of the EVOSign electronic signature.

The business environment will benefit from the modernization of legal and institutional infrastructure: launching the electronic insolvency register, implementing the Second Chance Program for SMEs, accelerating the deregulation process, and strengthening quality infrastructure and fair competition.


“Another strategic area of interest is industrialization. The state aid scheme for industrialization encourages investments with high added value, particularly in the automotive, electronics, pharmaceutical, and construction materials sectors. Developing a network of modern industrial parks will provide investors with competitive and predictable infrastructure,” stated Eugeniu Osmochescu.


The Growth Plan also supports connectivity and logistics through the digitalization of customs procedures, modernization of transportation systems, and gradual integration into European networks, facilitating trade and exports.

When the next instalment will be disbursed

Osmochescu emphasized that the authorities are currently preparing the second semi-annual report on progress made in implementing the Growth Plan, and achieving the committed measures will allow for the disbursement of the next tranche.


“Regarding disbursements, we are currently preparing the second semi-annual report on progress made. Achieving the committed measures will allow for the disbursement of the next tranche and will provide resources for direct investments in projects impacting citizens and the economy,” said the Deputy Prime Minister.


At the same time, according to the official, the Republic of Moldova's capacity to absorb European funds is constantly improving, and the authorities' objective for the next year is the full implementation of the committed actions, “so that every euro invested in the Republic of Moldova generates economic value, well-paid jobs, and long-term competitiveness.”


“Our absorption capacity is constantly improving. We are investing in dedicated institutional structures, professionalizing teams working with European funds, and maintaining a permanent dialogue with the business environment and international financial institutions. Next year, our objective is the full implementation of the committed actions so that every euro invested in the Republic of Moldova generates economic value, well-paid jobs, and long-term competitiveness,” concluded Eugeniu Osmochescu.


The Growth Plan supported by the European Union is the most extensive and ambitious financial support package in the history of the Republic of Moldova, valued at 1.9 billion euros. The facilitation agreement between the Republic of Moldova and the European Union regarding the specific implementation methods of the support granted by the European Union under the Reform and Growth Mechanism for the Republic of Moldova was signed on May 9, 2025. The release of the first instalment of 270 million euros from the Growth Plan for Moldova was announced by the President of the European Commission, Ursula von der Leyen, at the beginning of July, during a visit to Chisinau, on the occasion of the first Republic of Moldova - European Union Summit.