New 250 million-euros-worth project in central Moldova settlement; PM: “These are investors who know Moldova, invested here, and are choosing to invest again – on a much larger scale”
Prime Minister Vasile Tofan has attended the event on the launch of the construction of a new shopping center in Stauceni, developed by SUMMA and FIBA. The investment, estimated at approximately 250 million euros, is equivalent to around 1.3 per cent of Moldova’s Gross Domestic Product (GDP) and is one of the largest private investments made in the country since independence.
The PM welcomed the investment, emphasizing that projects of this scale contribute to job creation, the development of services and economic growth. The prime minister stressed that attracting major private investments was essential for accelerating economic growth and achieving the annual 4–5-per cent growth target.
“If we want to grow the economy faster, we need more such ambitious investments and more investors who believe in Moldova for the long term,” said Prime Minister Vasile Tofan.
The PM also highlighted the new shopping center’s potential to attract visitors from neighboring countries and contribute to the development of tourism, a sector that is already experiencing rapid growth: “The challenge is for people from Iasi to come to the mall in Chișinău, not just for us to go to Iasi. We want more and more people to come to Chisinau for a weekend, for shopping, restaurants, wine and events.”
At the same time, the Prime Minister praised SUMMA and FIBA for continuing to expand their investments in Moldova. The companies have previously invested in tourism, hotel services and healthcare, and are currently also developing projects in the energy sector, including a wind farm with a capacity of over 40 MW and an energy storage system exceeding 10 MWh.
“This is what I like most about today’s project: investors who know Moldova, have invested here, have shown confidence and are choosing to invest again – on a much larger scale,” the prime minister emphasized.
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