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Economy
15 May, 2025 / 22:26
/ 1 day ago

Moldova aims to accelerate investment and economic support projects with EBRD

Moldova aims to accelerate investment and economic support projects with the European Bank for Reconstruction and Development (EBRD), in the context of the Growth Plan supported by the European Union. This position was expressed during Deputy Prime Minister Doina Nistor's participation in the EBRD Board of Governors, which is being held in London.

Doina Nistor held meetings with the EBRD vice-presidents in key areas such as infrastructure, finance, the private sector, and technology. During these meetings, future priorities and the alignment of goals between Moldova and the EBRD were discussed, focusing on the green economy, human capital and new skills, financing, energy and transport infrastructure, as well as the development of the private sector. They discussed cooperation on digital infrastructure projects, support for SMEs and female entrepreneurship.

"Moldova aims to accelerate investment and economic support projects with the EBRD, in the context of the EU-supported Growth Plan, and the EBRD reaffirmed that Moldova is a strategic priority for the organization," announced the Ministry of Economic Development and Digitalization.

On the second day of participation in the EBRD Board of Governors in London, our country’s delegation held important bilateral meetings. Doina Nistor met with Ragnhild Sjoner Syrstad, State Secretary of the Norwegian Ministry of Trade, to discuss the strengthening of bilateral economic relations, especially in the context of the Free Trade Agreement with EFTA countries.

In addition, the UK's support was reconfirmed by Christopher Allen, Director for Eastern Europe and Central Asia of the UK Foreign Office. According to the MDED, the UK will continue to support Moldova in key areas such as cybersecurity, trade, and diaspora investments.

The Minister of Economic Development and Digitalization also met with Mikayil Jabbarov, the Azerbaijani Minister of Economy, to discuss the development of commercial relations between the two states.

With 183 projects and an investment of over 2.6 billion euros to date, the EBRD's impact in Moldova is significant and long-term, according to authorities. Currently, 68 projects are active, with a portfolio exceeding 1.17 billion euros, and payments made nearing 1.85 billion euros.