Investment agreements at the sum of 7.8 million euros be concluded in three years

02/19/21 15:55

Investment agreements at the sum of 7.8 million euros be concluded in three years

This allowed to create hundreds of new jobs

Tiraspol, February 19. /Novosti Pridnestrovya/. The Government summed up results and outlined additional mechanisms for attracting investments and creating jobs. One of the most discussed issues is external investment.

According to the Deputy Prime Minister, Economic Development Minister Sergey Obolonik, in the year of 2017 the acceptable confidence level in the state was low.

 “Then, investment was at the lowest level in the last 10 years. If in 2017 the rate of investments increase in real terms went into negative values and amounted to 26.7%, then in the year of 2018 this determinant reached 41.8%,” Sergey Obolonik noted.

The most successful year was 2019. According to Economic Development Minister, all investments in the GDP (gross domestic product) structure amounted to 15.3%. During the working meeting, it was also noted that the pandemic as well as restrictive measures had a negative impact on investment activity. Thereby, this level of investments in the GDP’s structure fell to 13.5%.

“Altogether, in the period from 2018 to 2020, about 8 investment agreements were concluded with foreign investors from different countries for a total amount of 7.8 million euros. This allowed creating hundreds of new jobs in the area of manufacturing and agriculture,” Sergey Obolonik stressed.

Investment agreements are concluded within the new investment legislation framework. It was developed on the Government’s initiative together with the Supreme Council’s deputies and the Union of Pridnestrovian Industrialists, Agrarians and Entrepreneurs.


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