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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... [read full story]                    

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