Tiraspol, January 31. /Novosti Pridnestrovya/. The press service of the Government reported that that day, Prime Minister Alexander Martynov has signed investment agreements with two investors from Ukraine and Poland.
As the Prime Minister reminded the guests, the Law “On State Support of Investment Activities” was adopted in Pridnestrovie in 2018. It was worked out along with international experts and the business community of the republic.
“The law is based on two main points. The first one is the economic prerequisites for investing financial resources particularly in Pridnestrovie. Our message is that the profitability of doing business in Pridnestrovie should be higher than in other countries. In this case there will be investors coming to Pridnestrovie. The second important point is, of course, safeguards for investment protection. This is the stability of the law. You know that there is a regulation in the law, according to which we guarantee that the conditions for doing business will not worsen for the investor for 10 years from the moment of signing the investment agreement,” Alexander Martynov emphasized.
The Prime Minister qualified the guarantee of property rights protection as the main priority.
“We are well aware that investments must be profitable, payback, while the investor must be protected 100%. We are ready to work side by side every day. If there are any issues, problems, there is direct contact with me as the Chairman of the Government, and with the Investment Council members. Therefore, we are ready to consider all issues as soon as possible,” Alexander Martynov assured the guests.
The Ukrainian investor`s project is related to agriculture. It is planned to lay out 10 hectares of cherry garden and build a 5-hectare greenhouse complex for growing strawberries. At this stage, seedlings are already being purchased for the garden establishment. The products are planned to be delivered to the Russian Federation and the European Union.
“I hope that the investment as well as natural climate will help us,” the Ukrainian entrepreneur said.
Another investment agreement relates to the roof bolt production, these are metal goods used in mining. Raw materials (reinforcing steel) are planned to be purchased from the Moldavian Metallurgical Plant. At the initial stage, the company will be able to produce 260 tons of products per month. The investor plans to produce about 3 thousand tons of roof bolts per year. It will be used in the construction of mines in Poland.
“Thank you a lot. I hope this is the first step in our joint work,” the Polish investor emphasized.
Note that the Investment Agency is working on four more business proposals at the moment. According to the director of the Agency Andrey Betanov, it is planned to present them at the Investment Council over the next three months. “These are two projects related to metalworking and projects for the agricultural products processing,” he added.
