OREANDA-NEWS. October 21, 2010. This was communicated in the Ministry of Economy of Moldova, noting that the flow of foreign direct investments in Moldova has been gradually restoring since the beginning of 2010 as a result of the first signs of economical growth.

According to the ministry, the participation of the foreign investors in the charter capital in January-June 2010 made up USD 48,6 million and reduced by 19,7% as compared to the same period of 2009 (USD 60,56 million). At the same time, the investments in terms of reinvested revenue increased by 9,1 times from USD 1,69 million up to USD 1,69 million up to USD 15,44 million, indicative of growing creditworthiness of Moldova’s economy for foreign investors.

The investments in terms of the rest of capital in January-June 2010 amounted to USD 24,62 million. According to the Ministry of Economy, at the same time, there are the factors that impede the attraction of foreign investments in the country, such as – the continuing political instability. As a result, in 2009 two rounds of parliamentary elections took place and the volume of accumulated foreign investments increased slightly – by 3,2% - from USD 2 billion 566,6 million (as at the end of 2008) up to USD 2 billion 649,6 million (as at the end of 2009).

The global economic crisis affected the inflow of foreign direct investments in the sectors of the national economy too. Thus, from 4 quarter of 2008 their inflow in the national economy reduced considerably. The same tendency was registered in 2009 as well. As a result the reduction of the investment share in the real sector – industry and energy continued in January-June 2010.

At the same time during this period the share of investment in construction, transport and telecommunication, agriculture and financial activity increased. According to the Ministry of Economy, the level of foreign direct investments in the real sector is insufficient, especially in the fields with high added value, such as the production and rendering of services that could contribute to increase of offer on the external outlets.

The representatives of the Ministry of Economy believe that the special attention should be paid to the attraction of advanced technologies in the country, including the energy- and resource-saving, and replacing the import goods. All this will contribute both to stabilization and diversification of the national economy, and increase of investment attractiveness of the country regions and promotion of Moldova’s positive image, thereby increasing the investment flow.