The invest Moldova Agency is the main governmental institution, directly subordinated to the prime Minister implementing state economic policies in mandated areas of activity which will contribute to the growth of the national economy by establishing public-private partnerships.
Invest Moldova Agency is a reliable cooperation partner for domestic and foreign investors in development projects that expand globally.
We provide tailored services throughout the investment decision process and supporting existing investors in extending their operations.
We are the Country Brand Ambassador, positioning Moldova on the global economic map, mandated for investment attraction, export facilitation, and tourism promotion.
Electronics Industry in Moldova
The tradition of manufacturing electronic equipment in Moldova is stretching over decades, being coined as the third largest supplier of electronic equipment in the Ex-Soviet Union. Today, with over 170 companies and 16 000 employees, the electronics industry is one of the most promising industrial sectors in the country in terms of GDP contribution, employment generation and FDI attraction. The success of the sector is attributed to a strong technical and engineering foundation, covering dual VET, colleges and the Technical University. The curricula of vocational schools and universities is under continuous scrutiny of the entire industry in order to ensure compliance with the sector’s needs and standards. Moreover, the availability of a fully-fledged Dual VET system allows companies to harness highly skilled workforce at affordable cost.
Highly qualified and economically advantageous labor force and availability of manufacturing platforms and government incentives, together with the geographical proximity to the EU and the CIS countries, make Moldova an ideal location for manufacturing electronic products.and state incentives alongside the geographical proximity to EU and CIS countries is making
Moldova the perfect location for manufacturing electronics.
Not only manufacturing: Moldovan local companies offer research, development, and engineering services and are eager to develop innovative products and technologies. The government has offered a special tax regime of only 7% of the consolidated turnover tax rate for the residents of Moldova IT Virtual Park who practice research and development activities in natural sciences, engineering, and biotechnology. It implies lower costs for the company; hence, prices for their global customers become more competitive.
The modern electronics industry in Moldova is represented by the companies producing hardware and software, electronic components and devices, smart meters, PLCs, PCBs, micro and nonconductors, etc. sensors and wires.
Moldova IT sector
Moldova is a country with extraordinary potential for innovation and the development of digital products. Our purpose is to encourage the exploration and expansion of this potential and to transform Moldova into a top regional destination for the highest level of tech products and services. We stimulate the evolution of Moldova’s tech and innovation fields by shaping the entire industry’s strategic vision and promoting digital innovation in all sectors.
Moldova’s economy requires this transformation facilitated by a platform with an innovative vision like MITP. The Park streamlines corporate practices, drives industry growth and supports partnerships in the IT ecosystem. Following the initiatives developed within MITP and collaboration with our partners, Moldova is becoming a top regional destination for technological products and services with high added value.
We increase the regional competitiveness of the tech sector through an unprecedented reduction in the tax burden, thanks to the introduction of the single tax of 7% of sales revenue, the facilitation of immigration documentation for expats, the reduction of bureaucratic barriers and the digital presence.
