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Only one fifth of investments in fixed capital come from abroad
The investments made by national companies and the population make up 55% of the total investments, while the resources invested by foreigners - only 20%.
According to a report by the Ministry of Economy and Trade, the investments in fixed capital in the first three months of this year totaled 1.8 billion lei, an increase of 30% compared with the same period last year. The gross fixed capital formation made up 25.2% of the Gross Domestic Product (GDP), a rise of 4.5% over the first quarter of 2007. The foreign direct investment (FDI) into the national economy came to US$131 million (11.5% of the GDP), up about 1.6 times. The rise is due to the larger subscribed capital and reinvested profit in the non-banking sectors of the economy. More than 50% of the total foreign investment in Moldova came from the EU. The Netherlands is the largest investor with 20.7% of the total FDI in Moldova. The Economy Ministry plans that the investments in fixed capital will make up 25-30% of the GDP, the investment in fixed-capital will rise by 8-15% a year, while the foreign direct investment will grow by at least 10% by this yearend.//REPORTER.MD Publication date: 25 July 2008 Source: Archive ADsRelated links- Investments of 50m euros in Shopping Malldova center - Investments in fixed capital rose 30.1% in first quarter - China eyeing increased foreign investment Latest news
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