OREANDA-NEWS. April 26, 2013. According to the program’s Committee, the approved projects will be invested on a sum of MDL 46 million, and the grant of PARE 1+1will amount to MDL 12 million. Thus, 1 lei given by the Government will bring 5 lei, invested by working migrants or their relatives.

The data, provided by the Organization on Development of small and medium-size Enterprises, supposes that the biggest part of investments will be directed to the agriculture (greenhouses, warehouses, livestock farms) industry (bakery products, building materials, furniture, briquettes), services, tourism, and construction.

The biggest number of application on co-financing were received from the central districts of Moldova – 55%, then go north districts – 18%, south – 14%, and Chisinau – 13%. 40% of come-back labor migrants, who want to invest in the business, were in Italy, 15% – in Russia, 7% – in the USA, 7% – in Portugal, and 4% - in Ireland. People are invited to apply by the following link http://pare.odimm.md. The total PARE 1+1 budget for 2013 makes MDL 32 million, 50% more than in 2011-2012.

The program PARE 1+1 started in November 2012 and was intended for working migrants and their close relatives. The program works by the following principle: a working migrant invests 1 lei and gets 1 lei more. The maximum available financing sum is MDL 200 thousand; money is given out as a grant.

Till now, 142 contracts with the total sum MDL 76 million were signed. Thus, each lei in the scopes of the program brought 3 more leis to the National Economy.