Moldova's council for reviewing important investments for state's security analyzes compliance of investments proposed by 113 companies

The Council for Reviewing Important Investments for State’s Security has examined requests for preliminary approval of strategic investments, giving positive approval to the investments proposed by 14 companies, and negative one for 16 companies, and sent repeated notifications to 68 companies.

As for the request of the National Company "Maritime Ports Administration" SA Constanta, Romania (CNAMP), which is set to invest over 24 million euros in the development of the Giurgiulesti International Free Port’s infrastructure, currently managed by the European Bank for Reconstruction and Development (EBRD), the Council examined and approved the request.

The request for getting preliminary approval of the investments involves acquiring 100 per cent of the share capital of "Danube Logistics" LLC, a private company 100-per cent owned by EBRD - the general investor and operator of the Giurgiulesti International Free Port.

The investment plan proposed aims at developing a terminal with ramps, setting up a container terminal, modernizing the railway, expanding storage spaces, digitizing port activities and implementing solutions for energy efficiency and green transition.

At the same time, the Council positively approved investments proposed by 13 companies operating in the fields of electronic communications, energy, telecommunications and agriculture. For another 12 companies, the Council requested additional information necessary for the completion of the analysis process.

On the other hand, for 16 companies, the Council refused to grant preliminary approval for investments, due to risks to the state’s economic security or because these companies failed to comply with requests to provide additional information.

The Council also ruled to issue repeated notifications to 68 companies that did not respond to previous requests to submit the necessary information. Another 3 were given an extended deadline to complete their files with the requested information. In the case of 5 companies, decisions were postponed for further analysis.