China - Moldova cooperation upon national road building. Bank of China representative talk with Minister Chiril Gaburici
Two national roads R13 – Bălți-Florești and M5 – Bălți-Criva might be built in support of Bank of China. Government of Republic of Moldova set off negotiations with Bank of China to grant €190M loan.
Economy Minister Chiril Gaburici tabled with China Bank representative Yang Shi Xin on aspects of bilateral cooperation Moldova - Bank of China.
"We opt to start repair works this year on roads R13 – Bălți-Florești and M5 – Bălți-Criva. They're important roads for our citizens. This common project connects with other strategic points in the country", declared Minister Chiril Gaburici.
Moldovan Minister also presented Chinese delegation investment opportunities in Moldova and Moldovan measures to create attractive business climate for domestic and foreign companies.
Within the talks, Yang Shi Xin mentioned Bank of China appreciated facilities and opportunities viewed in the Republic of Moldova for foreign investors. He also emphasized the process of modernizing infrastructure was difficult and required foreign partners. Likewise, he reiterated Moldova could develop this sector.
For the first time in Moldova, dozen big Chinese companies and hundred local companies attended Business Forum organized in Chisinau at the beginning of April.