OREANDA-NEWS. March 07, 2013. At the press conference in the framework of forum Invest in Moldova, IFC regional manager for Europe and Central Asia Tomasz Telma said that IFC, a member of the World Bank, is one of the largest organizations oriented at support to the private sector and promotion of investments. Moldova became a member of IFC in 1995 and since that time the total investment portfolio of IFC for Moldova has exceeded USD 100 mln. Since 1995 in Moldova it has been implemented plenty of projects, backed by both: foreign and domestic investments. Besides, IFC render consulting services in Moldova.

One of the recent projects is that aimed at reforming an investment climate in our country, it has been implemented under support of governments of Sweden, Austria and the Netherlands and was launched in February, 2012. According to Tomasz Telma, in the framework of this project IFC closely cooperate with the government of Moldova in achieving its main goal to enhance a business environment in Moldova and make our economy more attractive for investors. Since its launch, the project has brought some visible fruits.

A number of inspections conducted by public institutions has been reduced, formalities to obtain construction authorizations have been simplified, the single food safety agency has been created. “These measures as well as the project in general are designed to reduce costs for doing business in Moldova. They will help to facilitate work of companies in Moldova and ensure access of foreign investors to the national market”, said Tomasz Telma. According to him, Moldova has become a state of high priority for IFC and the corporation is going to extend its financing and consulting activity in this country.