European Invest Bank to invest 100 Euros in Moldova
The European Investment Bank (EIB) plans to invest about 100 Euros in Moldova within the nearest 15 months, Chief of the energy department of the European Monetary System and Environment of East-European Countries, Russia, South Caucasus and Central Asia Constantin Synadino said in the course of his meeting with Prime Minister Vlad Filat.
According to the governmental press service, he remarked that the bank has a complex program for the Republic of Moldova and a pragmatic approach.
In Synadino’s words, Moldova is of a particular interest for the bank, which is already implementing a number of projects in the republic and investments will continue.
“In 2010 we plan to launch a number of projects on crediting small and medium enterprises, environment protection and infrastructure. We are ready to conduct feasibility studies for launching projects in the energy sector, in particular, in the sphere of alternative energy sources”, Constantin Synadino said.
The Premier said that the energy security is one of the Government’s priorities.
“We are ready for cooperation and we assess positively the EIB’s readiness to invest in the Republic of Moldova”, he said.
The European Investment Bank (EIB) was set up in 1958 as a financial institution of the European Union and is designed to facilitate the balanced development of the European continent by granting credits in the amount of not less than 30 million Euros (maturity - 20 years and grace – five years). Its authorized capital is formed by the contributions of the participating countries and constitutes 163.7 billion Euros. The Parliament ratified the documents, which are necessary for the activities of the European Investment Bank (EIB). In 2007 the bank participated in the financing of the reconstruction of Chisinau airport and the rehabilitation of Moldovan motor roads.
Infotag, Moldovan news agency
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