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Dumitru Alaiba, Minister of the Economy of the Republic of Moldova: “Over 80% of foreign direct investments in the economy of the Republic of Moldova come from the European Union!”

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Republica Moldova

Dumitru Alaiba, Minister of the Economy of the Republic of Moldova: “Over 80% of foreign direct investments in the economy of the Republic of Moldova come from the European Union!”

Over 80% of foreign direct investments in the economy of the Republic of Moldova originate from the European Union. According to data provided by the Public Services Agency, in 2023, there were 4,900 companies in the Republic of Moldova with capital from EU member states, which made investments totaling 20 billion lei.

These figures were presented by Deputy Prime Minister Dumitru Alaiba, Minister of Economic Development and Digitalization.

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“Let it be clear: anyone who is against European integration is against the economic interests of our country; they do not desire a developed economy based on investments and exports,” Dumitru Alaiba stated.

The Deputy Prime Minister further mentioned that “tens of thousands of jobs are supported by investments from the European Union, and our country’s citizens can work here, at home, near their families.”

According to the official, the process of European integration will bring even more investments, providing more well-paid jobs.

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“The presence of European companies does not just mean financial injections. European investors also bring an important transfer of know-how and expertise, facilitating the modernization of our economy. They contribute to the optimization of production processes, the improvement of product quality, and the implementation of the best international practices. Progress comes from the West, not the East, as some ‘well-wishers’ suggest,” Dumitru Alaiba mentioned.

The European Union represents the main trading partner of the Republic of Moldova. Currently, over 65% of the country’s exports go to the EU.

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