Moldova Investment Climate Reform (IFC-600467)

Countries
  • Moldova
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 13, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Moldova
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Finance
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 3.36 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 3.36 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 8, 2017

Disclosed by Bank May 10, 2016


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Project Description
This project finances improvements to Moldova's business climate and private sector market. This includes streamlining processes, controls and authorizations, undertaking regulatory work in agribusiness, and facilitate to the legislative framework for retention of investments.
People Affected By This Project
Implementation of the activities and reforms proposed by the Project will lead to simplification of the regulatory framework, removing unnecessary regulatory burden on business companies and lead increased export volumes of agro-food products (Agri-food exports account for approximately half of Moldovas total exports) to the EU, and increased investments (retained and generated). The Project will result in significant compliance cost savings for the private sector and create additional space for investments. It will also increase trade opportunities and help the Government of Moldova to streamline regulatory procedures. The Project will link in a pragmatic manner business regulatory and industry specific work in agribusiness with trade logistics and investment policy to maximize impact on export enhancement and investment generation. It is a targeted intervention building on T&C strengths and addressing Government priorities and the needs of the private sector in Moldova.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
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