MOLDPRES INTERVIEW // Moldovan economic development minister: “One billion euros invested in the economy of Moldova means accelerating transformations, moving closer to the EU level of development”

Moldova on June 4 hosted the first Moldova–European Union Investment Conference. The event marked an important stage in the process of European economic integration and in strengthening the country’s position as an attractive investment destination. Deputy Prime Minister, Economic Development and Digitalization Minister Eugen Osmochescu has made statements to this effect in an exclusive interview given with MOLDPRES.

According to the official, the most important result is the announcement of a portfolio of over 1 billion euros in investment partnerships, financing instruments and new investment projects. Eugeniu Osmochescu said that one billion euros invested in Moldova’s economy means accelerating the process of economic transformation and moving closer to the level of development of the European Union member states, through modernized infrastructure, more competitive businesses, higher exports and increased economic opportunities for citizens. It means, at the same time.

MOLDPRES: Mr. Deputy Prime Minister, on June 4 our country hosted the first Moldova–European Union Investment Conference, an important event in the process of Moldova’s economic integration into the EU, which offered new opportunities for investment, financing and business development. What are the main results achieved following this event?

Eugeniu Osmochescu: The Moldova–European Union Investment Conference marked an important stage in the process of European economic integration and in strengthening Moldova’s position as an attractive investment destination.

The most important result is the announcement of a portfolio of over 1 billion euros in investment partnerships, financing instruments and new investment projects. These commitments confirm the growing confidence of investors and international partners in Moldova’s development path and in the economic reforms that we are implementing.

At the conference, investment agreements were signed with eight international companies: INVL Asset Management, TET, Micro Nano Tech, Balkan Pharmaceuticals, KB Container, Danube Logistics, BOSAQ and C.I. VED-MAR AGRO, with a total value of 208 million euros. They target key sectors for transforming the economy: the capital market, digital infrastructure, high-tech manufacturing, the pharmaceutical industry, logistics, water infrastructure and high value-added agriculture.

At the same time, four new private investment projects were presented, with a total value of 364 million euros, which will contribute to the development of renewable energy, industry and infrastructure.

For us, the success of the conference means the volume of investments, but also the consolidation of strategic partnerships that will support the modernization of the economy in the long term.

MOLDPRES: Following the conference, over 1 billion euros was announced in the form of investment partnerships, financing instruments and new investment projects. In which areas will the resources be directed and what does one billion euros invested in the economy of Moldova actually mean? How will our country change as a result of these investments?

Eugeniu Osmochescu: These investments are directed towards sectors that have the capacity to generate long-term economic development and to accelerate the convergence of Moldova with European standards.

An important part of the resources is allocated to transport and logistics infrastructure, which will facilitate a more efficient connection of Moldovan producers to the European market. In addition, investments in the energy sector will contribute to strengthening energy security, enhancing efficiency and developing sustainable and competitive solutions.

Digitalization is another major pillar. Investments in digital infrastructure and in electronic public services help reduce administrative costs for companies and create a more competitive economic environment.

At the same time, special attention is given to the private sector, especially small and medium-sized enterprises, which represent the backbone of the economy. Access to finance, guarantee instruments and investment support programmes will allow companies to expand, to invest in new technologies and to create jobs.

One billion euros invested in the economy of Moldova means modernized infrastructure, more competitive businesses, higher exports and increased economic opportunities for citizens. It also means accelerating the process of economic transformation and moving closer to the level of development of the European Union member states.

MOLDPRES: Is Moldova prepared to absorb the volume of investments it is aiming for and what are the main obstacles that need to be overcome, so that these investments produce concrete economic effects?

Eugeniu Osmochescu: Moldova is constantly strengthening its institutional capacity to attract and implement investments as reforms and the European integration process advance.

In recent years, the digitalization of public services, the simplification of the regulatory framework and the reduction of the administrative burden for the business environment have contributed to increasing the efficiency of institutions and strengthening their capacity to manage complex projects.

The government prioritizes the development of projects’ implementation and monitoring mechanisms, as well as the strengthening of administrative capacity, in order to ensure that investments are transformed into rapid and visible results for the economy and citizens and to fully capitalize on the opportunities provided by international partners.

MOLDPRES: The conference took place one year after the launch of the European Union’s Growth Plan for Moldova, an investment package of up to 1.9 billion euros for the period 2025–2027. What are the main effects of implementing the Growth Plan one year after its launch and what stages are to be completed in the next year?

Eugeniu Osmochescu: The European Union’s Growth Plan for Moldova is one of the most important instruments for supporting economic development and the process of European integration.

One year after its launch, we are already seeing important effects. The Plan has helped accelerate economic reforms, consolidate macroeconomic stability and prepare major investments in infrastructure, energy and digitalization.

Moreover, this instrument offers predictability and confidence both to public institutions and investors. It creates the necessary conditions for the development of large-scale projects and for the modernization of the economy at an unprecedented pace.

The next stage will be marked by the accelerated implementation of the projects provided for under the Growth Plan, with a focus on connectivity, energy security, economic competitiveness and the development of human capital.

As European Commissioner Marta Kos also underlined, this plan represents the largest economic support package ever provided to Moldova and reflects the European Union’s confidence in the European future of our country.

MOLDPRES: What other reforms does the government plan to implement in the near future, in order to improve the investment climate, attract new investments and offer more predictability to foreign investors?

Eugeniu Osmochescu: The process of European integration is, in essence, a process of economic modernization, in which every reform implemented contributes to the development of a more transparent, more predictable and more competitive business environment.

On the coming period, the government will continue simplifying regulations for the business environment, expanding digital public services, reducing administrative costs for entrepreneurs and harmonizing economic legislation with the European Union acquis, thereby strengthening the integration of Moldovan companies into European value chains and the predictability of the business environment.

Special attention is given to investments in sectors with high growth potential, including information technology, manufacturing, renewable energy and high value-added services.

New financing instruments are being launched, including the Fund of Funds with First-Loss Tranche mechanism, which mobilizes private and institutional capital to support small and medium-sized enterprises and innovative start-ups, as well as a programme developed together with the United Nations Industrial Development Organization to support industrialization and attract investments in strategic sectors.

Today, Moldova offers a business environment undergoing accelerated modernization, access to the European market and a firm strategic development direction, elements that strengthen the country’s investment attractiveness.

Mr. Deputy Prime Minister, thank you for the interview.

Reporter: Natalia Sandu