Foreign Assistance: use and management of funds 2010-2012. Ministry of Economy Sergiu CIOBANU, Deputy Minister of Economy. May 25 – 26 , 2012. Medium Term Priorities of Ministry of Economy. Ensure sustainable economic growth; Increase competitiveness of national economy;
Foreign Assistance:use and management of funds 2010-2012
Ministry of Economy
Deputy Minister of Economy
May 25 – 26, 2012
Foreign Aid Monitoring and Coordination in Ministry of Economy
- Technical assistance;
- Financial assistance.
- Development of entrepreneurship and investments;
- Commercial policies;
- Quality infrastructure and consumer protection;
- Energy security and efficiency.
Strategic Objective:Enhance economic stability of Moldova through improved capacities for development of small and medium enterprises
Objective: Create conducive environment for small and medium businesses to develop production in the Moldovan rayons.
17 resident companies
3years – incubation period
Assistance provided by:
International Development Association: Credit 33,8mlnUSA;
Government of Japan: grant 4,9mlnUSD.
Key pillars of Energy Sector
Interconnection of the national energy system to the European network of transmission system operators for electricity ENTSO-E;
Diversification of primary energy sources;
Investments in energy infrastructure projects (LEA 400 kV Balti-Suceava, LEA 330 kV Balti- Novodnestrovsc, Ungheni-Iasi interconnection gas pipeline).
Building the capacities of authorities for regulation, policy development and implementation;
Aligning the legal framework to EU standards;
Economic, institutional and technical re-engineering of the thermo-energy sector;
Encouraging private investments in energy infrastructure based on PPP mechanism
Energy and Biomass project – implemented in 16 rayons and Gagauzia
Projects approved for 58communities, including 72schools, kindergartens, community centers, etc.
Capacity of biomass heating systems is about 15 MW
Implementation of the approved projects will benefit 43643individuals, including 13135 children
Briquette boiler from Community Center in Carbalia village, TAU Gagauz-Yeri. Beneficiaries: 555 individuals
Bale boiler in the lyceum in village ofOlanesti, Stefan Voda rayon. Beneficiaries: 600 individuals
1543 LPA representatives and local leaders, 76suppliers of biomass fuel and 176 operators acquired new skills and knowledge in modern biomass production and use technologies for energy purposes
About 1 million individuals covered by actions and events meant to promote biomass energy (public events, media campaigns, discussion clubs, onsite trips, video and audio spots, outreach materials etc.)
The first edition of MOLDOVA ECO-ENERGETICĂ -annual event to grant awards in renewable energy and energy efficiency sector - successfully held
Thank you for your attention!