Opportunities to collaborate in prioritized areas for Republic of Moldova, drawing financial assistance to develop competitiveness and activities in the private sector, were the main subjects discussed today by Economy and Infrastructure Minister Chiril Gaburici, with Regional Manager of International Finance Corporation (IFC), Jason Brett Pellmar.

Minister of Economy and Infrastructure expressed his gratitude toward IFC for the support offered to Republic of Moldova since it became a member. Chiril Gaburici highlighted that investments offered by implemented projects in our country facilitated the development of small and medium-sized enterprises, agribusiness and telecommunications, contributing to improvement of investment climate and creating more jobs.

Minister Gaburici also presented the objectives of Ministry of Economy and Infrastructure on modernizing the national economy, attracting investments and developing entrepreneurship. Among the priorities, the official mentioned road infrastructure, energy sector, telecommunications, IT, automotive industry. Here, Minister of Economy and Infrastructure spoke of the successful launch of the first IT park from Moldova - a platform offering facilities and opportunities to launch and develop IT businesses. 

"We aim to improve the entrepreneurship, to have more success in the internal and external market, by increasing competitiveness and facilitating export, as well as increase investment securities. We count on IFC's support and encouragement in private companies, which will allow the economy of Republic of Moldova to develop" Chiril Gaburici said.

IFC representatives mentioned that they are open to continue supporting the private sector, for entrepreneurship to become more competitive and ensure a more favorable investment environment. The corporation also reiterated its support in realizing institutional reforms and negotiating the free trade agreement with EU countries. The officials mentioned that IFC has a rich experience in developing the private sector, road infrastructure and ensuring energy security and therefore, could offer technical assistance in their development.

Republic of Moldova became a member of International Finance Corporation in 1995. To this moment, IFC invested in Moldova 259 million USD in 24 projects from different fields.