Moldova: investing in a digital service-based economy

Moldova is building a digital and resilient service-based economy. Examples of this trend include extremely fast business registration processes (within one day), more than half of public services already digitised and a comprehensive agenda for a contactless economy. This session will outline the country’s economic progress since the pandemic and the start of the war on Ukraine. It will also present the case for much-needed investment and cross-border projects to prepare for EU integration and boost Moldovans’ quality of life.
In 2024, the Moldovan government extended the state guarantee for Moldova IT Park, the first virtual business park in Europe, a platform that offers the best and easiest fiscal mechanism for IT and service-outsourcing companies registered in the country. The government also extended the types of company eligible to join Moldova IT Park. As a result, the number of IT companies and their average revenues have increased in the last four years.
Moldova has also opened its doors to talented people from over 47 countries, without the need for them to first apply for a work permit. Local companies already provide outsourcing services in 14 languages. In addition to a thriving digital economy and skilled workforce, Moldova relies on industrial and food production. Despite being a small country, it produces 1 per cent of the world’s car components. It is also among the world’s top 20 wine-producing countries, top 3 plum exporters, and top 5 cherry exporters.
Speakers:
Dumitru Alaiba, Deputy Prime Minister, Minister of Economic Development and Digitalisation, Government of the Republic of Moldova
Natalia Bejan, General Director, Invest Moldova Agency
Carolina Bugaian, Chief Executive Officer, Moldcell
Veaceslav Panfil, Country Manager, Endava
Giorgi Shagidze, Chief Executive Officer, MAIB

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