The Government of the Republic of Moldova’s Regional State Aid Scheme for Industrial Investments, launched in January 2025, is rapidly positioning the country as one of the most competitive destinations for strategic industrial capital in Eastern Europe. Designed under the National Industrialization Plan 2024–2028, the scheme offers substantial financial incentives to both local and foreign investors, aiming to accelerate Moldova’s industrial modernization and integrate the country deeper into European and global value chains.
Generous Incentives for Foreign Enterprises
Foreign companies investing in Moldova are fully eligible to access the scheme. Depending on company size and project location, investors can receive up to 60% of eligible investment costs for large enterprises and up to 75% for small businesses.
Investment support is structured across two components:
- 25% direct grant, enabling immediate liquidity for capital expenditure;
- 75% income tax exemption, ensuring long-term fiscal relief and improved profitability.
The minimum eligible investment value is 10 million MDL (approx. €500,000). A single project cannot receive more than 20% of the scheme’s total budget, ensuring broad participation and competitive allocation.
“This scheme gives foreign investors a compelling reason to consider Moldova as their next strategic location. The incentive structure is aligned with EU rules and directly supports large-scale projects in manufacturing, electronics, agrifood, and automotive supply chains. Investors entering now gain a first-mover advantage in a rapidly transforming industrial landscape,” says Natalia Bejan, Director of Invest Moldova Agency.
Six Priority Sectors Open to International Investors
The scheme focuses on six high-growth, export-oriented sectors with strong regional integration potential:
- Electronics
- Chemical & pharmaceutical production
- Automotive components
- Textiles & apparel
- Construction materials
- Food & agrifood processing
For construction materials, the scheme explicitly covers thermal insulation systems, adhesives, cement, bricks, and related product lines—reflecting growing demand across Romania, Ukraine, and EU markets.
Balanced Regional Development Incentives
Aid intensity varies by region:
- Higher support is available for investments in the northern and southern regions;
- Moderate support for investments in central areas.
This strategy encourages balanced territorial development and reduces regional disparities—an important criterion for EU-aligned state-aid policy.
Mrs Bejan adds, “Foreign manufacturers looking to diversify production within the European neighbourhood will find Moldova both cost-effective and strategically located. The scheme reflects our long-term commitment to industrial modernization and to attracting investors who generate value-added jobs and export capacity.”
Strong Early Uptake from Industry
By October 2025, six companies had already signed state aid agreements, demonstrating strong early demand from both domestic and foreign-owned enterprises. These include:
- Imcomvil Group Ltd. – 30.2 million MDL in state support for a 60 million MDL snack production expansion, generating 60 new jobs;
- Electrotehnica (Bălți) – 173.8 million MDL in support for a 293 million MDL transformation of a historic plant into a modern food production center, creating 319 jobs;
- Gido Park (Criuleni district) – state aid agreement for over 72 million MDL investment to establish a new production facility of pressed concrete items with 40 new jobs.
These early results highlight Moldova’s growing appeal to investors seeking nearshoring, supply-chain diversification, and export access to the EU.
Long-Term Commitment and Scale
The total scheme budget is estimated at 4 billion MDL (approx. €200 million), with state aid agreements available until 31 December 2034, subject to annual budget allocations.
The government expects up to 150 enterprises to benefit from the program over the next decade.
