(VIDEO) European Investment Bank contributes to infrastructure development and economic growth in Moldova

“Approximately 70% of our portfolio is dedicated to supporting strategic public infrastructure in various sectors, closely aligning with Moldova’s national priorities.” Alberto Carlei, the Head of the European Investment Bank (EIB) Office in the Republic of Moldova, stated in an interview for RLIVE TV about the programs and investments EIB supports in our country.

Alberto Carlei emphasized that the EIB, as the financial arm of the European Union, has significantly expanded its operations in Moldova, with a total portfolio now amounting to some EUR 1.3 billion. He also mentioned the significant investments in connectivity and transportation infrastructure. It will stimulate economic growth and improve the quality of life.

Carlei also highlighted the EIB’s role in improving energy efficiency and supporting the modernization of Moldova’s electricity grids.

“We have financed important projects, such as the gas connection from Ungheni to Chisinau, and we are exploring co-financing opportunities for electricity interconnections,” the official added.

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Regarding the economic opportunities generated by the situation in Ukraine, Carlei emphasized Moldova’s strategic position.

“Moldova can serve as a hub for companies wishing to get involved in the reconstruction efforts in Ukraine,” noted the head of the EIB’s Chisinau office, highlighting the potential for increased trade and infrastructure investment.

Turning to support for small and medium-sized enterprises (SMEs), Carlei spoke about EIB financial products tailored to the needs of SMEs, including credit facilities and partial portfolio guarantee schemes.

“These initiatives aim to improve SMEs’ access to finance and stimulate economic activity in various sectors, including agriculture and innovation,” he explained.

At the end of the interview, Carlei emphasized the importance of collaboration with international financial institutions and local stakeholders in achieving development goals in Moldova.

“Our close collaboration with institutions such as the European Bank for Reconstruction and Development (EBRD) and the World Bank is crucial for leveraging resources and expertise,” the official concluded.

The EIB’s continued engagement underlines its significant role in supporting Moldova’s sustainable development agenda, contributing to infrastructure modernization, energy security, and economic resilience.

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