Investment into Fixed Capital Increased Twice in Moldova in 10 Years
OREANDA-NEWS. June 30, 2011. Compared to 2009, they grew 16.4 percent in comparable prices, according to the National Statistics Office. 3,677.3 leis of the total amount of investment fell to the share of a worker in 2010, up 17.8 percent against the previous year (3.119.7 leis). Building and assembly works constituted the biggest volume of investment into the fixed capital – 51.6% of the total volume, up 2.7 p.p. compared to 2009.
The share of cost of the purchased equipment, machines and vehicles made up 41%, exceeding the previous year’s indicators by 2 p.p. Economic agents’ and population’s own funds remained the main investment activity financing sources in Moldova in 2010, totaling 7,246.6 million leis (55.3% of the total amount of investments in the fixed capital), up 17.4% against the previous year. Investment into the fixed capital at the expense of the state and local budgets constituted 8.9% of the total volume, totaling 1,159.3 million leis, exceeding the previous year’s indicators by 6.4%.
The share of foreign investments into the fixed capital in the total volume of investments made up 18.2%, down 3.4 p.p. against 2009. In value terms, foreign investments reduced by 2.8%, to 2,378.4 million leis. The investment activity was intensified mostly owing to the private sector of economy. In 2010, economic agents and individuals invested 5,375.4 million leis (41% of the total amount) in the fixed capital, exceeding the previous year’s indicators by 13%. Particularly, the volume of building and assembly works at their expense totaled 2,189.6 million leis, up 2.1%. 443.1 square meters of housing were put into operation, down 5.4% from the previous year.
The share of investments into the fixed capital made by investors with the foreign form of ownership increased from 9.7% to 10.4%. In money terms, the volume of such investments totaled 1,368.1 million leis, up 25.1% in comparison with 2009. The share of investments into the fixed capital made by joint enterprises reduced from 17.6% to 16.9%, totaling 2,215 million leis and up 11.7% against the previous year.
The most attractive sectors for investors were transport and communication (25.1% of the total volume of drawn investments), operations with real estate (21%), wholesale and retail (11%), processing industry (10.3%), electric power-, gas- and water supply (9.1%).
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