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Economy
10 October, 2025 / 06:03
/ 17 hours ago

New industrial park to be set up in Moldova with investments of around 400 million lei

A new industrial park will be established in Moldova. It will be located in the village of Costești, Ialoveni district, with a total planned private investment amounting to about 400 million lei.

According to a decision approved by the government on Wednesday, the park will be developed by a local company and will cover an area of over 15 hectares. The main objective of the project is to support regional economic transformation through the integration of innovative technologies, development of value-added industries, and attraction of domestic and foreign investments.

The project will include modern infrastructure, state-of-the-art industrial halls, a photovoltaic park for clean energy, and facilities dedicated to research and professional training.

The project's informative note states that the annual revenues of the park's residents are expected to exceed 300 million lei, with contributions to the public budget reaching around 20 million lei annually in the form of taxes, fees, and social contributions.

“The park's development expenses are exclusively from entrepreneurs' funds. The government is not investing state money into this park but is attracting private capital to reduce current investment imbalances: today, over 94% of investments in industrial parks are in Chișinău and Bălți. Through this project, we encourage investments in other areas of Moldova,” Deputy Prime Minister Doina Nistor said.

Industrial parks provide a dedicated functional framework for the localization of economic activities by facilitating access to infrastructure, technology transfer, and strengthening value chains at the regional level. According to statistics, from 2013 to 2024, the number of employees in industrial parks increased from 285 to 4,383 people, while the total investment volume reached 4.2 billion lei.