The Supervisory Committee of the PARE 1+1 Program approved financing for 58 investment projects to the value of 11.3 million lei. The Ministry of Economy informs that the Moldovan migrants who returned home or their first-degree relatives can benefit from grants of 200,000 lei if they invest at least 200,000 lei in a business, IPN reports.
In a communiqué, the Ministry says that the investments attracted from the migrants in the first quarter of this year came to 49.5 million lei. Thus, 1 leu invested by the state generates private investments of 4.4 lei. A number of 58 applications for financing have been submitted following the current call. 61% of the applicants are younger than 35, while 20% are women.
54% of the beneficiaries of the current call launched businesses in agriculture (grains, vine, cultivation of flowers in hothouses), 22% – in processing and production (wood/furniture, bread, building materials, ice-cream), while 21% – in the service sector.
Deputy Prime Minister and Minister of Economy Valeriu Lazar underlined the necessity of intensifying the promotion of the program in the country and abroad, with the objective of having as greater territorial coverage as possible.
As many as 313 people received grants within the PARE 1+1 Program since its launch in
2011.
