Chinese company Sinomach is interested in the realization of investment projects in the Republic of Moldova in the energy sector, especially the photovoltaic and renewable energy, infrastructure, agri-food, etc.
The statement was made by Zhu Haixing's chairman at the meeting with Deputy Prime Minister Octavian Calmic, Minister of Economy.
According to President Zhu Haixing, Sinomach decided to enter the Moldovan market following an analysis of the fiscal, economic, customs and other opportunities provided by Moldovan authorities to foreign investors as well as the country's very favorable geographic location Which can become a bridge between China and the Community market.
Zhu Haixing said that Sinomach intends to build an industrial park in Moldova for the production of photovoltaic panels and accessories for the installation of parks of this kind, the production of renewable energy, etc. In the context, the Chinese official has specified that the company he already represents has the experience of making such investment projects in Belarus (US $ 1.7 billion) and Vietnam ($ 105 million), which not only contributes to creating new Labor, budget revenues, exports, etc.
Deputy Prime Minister Octavian Calmic welcomed Sinomach's decision to come to the Moldovan market with large-scale investment projects, demonstrating once more that the measures taken by the Chisinau authorities to create an attractive environment for business in the country and abroad are fruitful, Our market becoming more attractive for foreign capital, and Moldova becoming a bridge between the European and the Asian markets. "Moreover, the growing interest of Chinese companies in the Moldovan market demonstrates that the trade-economic relations between China and the Republic of Moldova have an upward trend, opening up new opportunities for bilateral cooperation on all dimensions", emphasized the Minister of Economy.
The interlocutors agreed on a set of measures to be taken at the earliest time to move to practical procedures for initiating and implementing investment projects. Moreover, it was agreed to examine the possibility of building an industrial park by the end of the year.