The Black Sea University Foundation has launched an initiative to create the Moldova Fund to support the Romanian companies that want to invest in Moldova, offering them a king of protection from political risks. The conception of the Moldova Fund represents an instrument for expressing Romania’s support for fundamental and irreversible changes in the Republic of Moldova and for reducing the discrepancies between the two banks of Prut. The program “Moldova Fund – Marshall Plan of Romania for the Republic of Moldova” was presented in Chisinau on February 5, IPN reports.
The Moldova Fund was designed as a private and open investment fund that excludes political interference and is intended for private financing needs. Dan Dungaciu, director of the Romanian Academy’s Institute of Political Science and International Relations “Ion I.C. Bratianu”, said the initiative was put forward to offset the lack of imagination in the bilateral relations. Nobody knows how to provide Moldova with the assistance it needs when its government is challenged and doubted not only in Romania, but also in many European capitals. “The Moldova Fund will focus on strategic objectives, profit and business,” said the Institute’s director.
In accordance with the conception, the Fund will support investments from zero that generate functional projects, investments in the transport/environment infrastructure that will be later managed by the Moldova Fund. The authors of the project aim to efficiently use the money promised by Romania in financial assistance in 2010 (€100 million). Dan Dungaciu said such a strategy was implemented in the U.S. by creating an investment fund that supplemented the investments of companies where these didn’t want to assume the full investment because of risks.
The conception was presented in Cluj, Bucharest and Chisinau and is to be presented in Iasi and Craiova.
