The job market in the Republic of Moldova registered a considerable decline. We have at least four unemployed to a job vacancy, according to data of the National Agency for Employment. The idea of project ‘Creation of external utility infrastructure of the Industrial Park’, developed by Cahul rayon administration and LLC ‘SUD-INVEST COMPANY’, presented at the final conference of the project ‘Capacity development of public administration from the Republic of Moldova’ comes with a solution in neutralizing the problem by creating the Industrial Park (IP).

The establishment and operation of industrial parks aims to promote the establishment and development policy of industrial parks in order to ensure a favourable investment climate and encourage the flow of investment in the regions of the country.

The appearance in Moldova of similar areas of industrial production’s concentration and simultaneously business will create economic structures of greater efficiency, typical for the economy of developed countries.

The overall objective of the project ‘Creating external utility infrastructure of the industrial park’ is to stimulate the entrepreneurial sector activities in South Development Region (SDR) by creating a favourable investment environment.

Project’s beneficiaries would be 46 enterprises and potential entrepreneurs who can become residents of Cahul IP, economic agents from SDR and the population, which is 543,100 inhabitants.

The impact on beneficiaries would be favourable conditions for the activity of SDR business sector, increase taxes in the budget, increase exports of local goods etc.

The expected results of the project are:

  • 46 potential foreign investors, local, residents who will benefit from the facilities of Cahul Industrial Park;
  • About 440 jobs, of which 23 within the management company;
  • Increase taxes by about MDL 14 million annually;
  • Attracting direct investment in the region worth almost MDL 103.9 million etc.

For the implementation of the project, Cahul rayon has the following documents:

  1. Feasibility Study of Cahul Industrial Park, developed by ‘Pro Afaceri’ LLC Chișinău, 19.08.2014;            
  2. Decision of Cahul Rayon Council no. 05/06-III on the creation of Cahul IP of 10.09.2014;
  3. Bailment agreement between Cahul rayon council and LLC ‘SUD-INVEST COMPANY’ no.584 of 25.09.2014;   
  4. Technical design;      
  5. The title of land owner;         
  6. Urbanism certificate no 087/1 of 19.12.2014;       
  7. Topographic plan of the land 2014;           
  8. Report assessing real estate no.00506 of 23.06.2014;   
  9. Opinion of connection to the natural gas networks no. 7110 of 11.07.2014;
  10. Opinion of connection to the electricity supply networks no. P 30302014070004 of 07.07.2014;
  11. Opinion of connection to water supply networks no. 255 of 04.07.2014;       
  12. The application of the Ministry of Economy for approving the draft GD on awarding the Industrial Park title to LLC ‘SUD- INVEST COMPANY’ No 05/1-5960 of 16.10.2014.

Currently there are six industrial parks in the Republic of Moldova.