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Moldova will increase the efficiency of free economic zones (FEZ) management by simplifying the process of signing contracts between their administration and residents

Moldova will increase the efficiency of free economic zones (FEZ) management by simplifying the process of signing contracts between their administration and residents

In particular, this is provided for by the relevant amendments to the current regulatory framework, which were approved by the Government. According to the Ministry of Economic Development and Digitalization, thus, the management company will no longer have to obtain prior approval for each new contract or contract amendment, but it will be enough to notify the Ministry of Economic Development and Digitalization of the actions taken within 15 days, presenting a copy of the signed document. According to the Ministry of Economic Development and Digitalization, the adopted amendments will reduce bureaucracy and improve the functioning of free economic zones in Moldova, thus supporting the interest of investors to become their residents, attracting investments and creating new jobs. // 17.07.2024 - InfoMarket.

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