{"id":446143,"date":"2018-11-30T13:00:44","date_gmt":"2018-11-30T13:00:44","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=446143"},"modified":"2021-06-18T10:54:20","modified_gmt":"2021-06-18T10:54:20","slug":"moldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/moldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts\/","title":{"rendered":"Moldova Business Week 2018: Opportunities to attract investment in tourism and ICT, to the attention of experts"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>The tourism and ICT sectors have great potential for growth and the ability to boost the economic development of the Republic of Moldova.<\/p>\n<p>The second day of Moldova Business Week 2018 &#8211; the most important national business event organized in Chisinau &#8211; was dedicated to the investment attractiveness of the seven strategic branches of the national economy: <strong>Energy, Infrastructure, Automotive and Electronics, Information Technology and Communications, Agriculture and Food Industry, Tourism, Light Industry.<\/strong> By the way, visit this website for <a href=\"https:\/\/www.spacrun.com\/\">SPAC Investing Analytics<\/a>.<\/p>\n\n<h3>Moldova&#8217;s tourist offer meets the requirements of foreign visitors<\/h3>\n<p>Worldwide, according to the World Tourism Organization data, this sector generates a turnover of about 1300 billion USD, representing 10% of global GDP, 30% of total exports or 7% of total exports, and one in ten jobs are generated by tourism. This is the industry with the fastest growing growth rate internationally, tripling its earnings from 2000 to the present, and the WTO predicts maintaining this trend until 2030.<\/p>\n<p>Within the &#8220;Moldova Business Week 2018&#8221;, the discussion panel dedicated to the tourism sector brought together representatives of the ministries, officials,\u00a0and guests from Hungary and Georgia, as well as actors from the private sector. The moderator of the presentation and discussion block was the general manager of the Investment Agency, an institution responsible for promoting and attracting foreign capital.<\/p>\n\n<h3>Republic of Moldova &#8211; an important IT destination on the regional market<\/h3>\n<p>The IT industry is the fastest growing sector in the national economy and 80% of the IT products created in the country are destined for export. One of the success stories of the sector is the IT Park &#8211; it comprises 299 companies, 87 of which come from 25 countries, and the forecast for the first financial year shows that revenues of 1.8 billion lei will be collected.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/11\/46882037_2055809111166081_5722604125858824192_n.jpg\" \/><\/p>\n<blockquote><p>&#8220;The US is committed to supporting the Republic of Moldova in order to remain a developed and prosperous state. We will continue to strengthen economic relations between the US and the Republic of Moldova, and to this end economic and political reforms are needed, while businesspeople need a stable economic environment. IT sector development revolutionizes the global economy and connects producers and consumers around the world. Since 2006, Moldova has grown 20 times its ICT services and products and this growth is accelerating. ICT exports increased by 45% in 2017, and sector growth generally reached 15% per year. This field employs 20,000 people, of which 13,000 in the Software. Due to attractive salaries, this sector has the ability to preserve human capital in the country. This &#8220;boom&#8221; is due to the fact that the public and private sectors have stepped up their efforts and set up a partnership to modernize the ICT sector, &#8221; declared the US Ambassador to Moldova, Dereck J. Hogan.<\/p><\/blockquote>\n<p>The Republic of Moldova has a geographical position that allows it to penetrate western and eastern markets, and highly qualified workforce is one of the advantages that can guarantee the development of this sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Moldova Business Week is the most important national business event organized in Chisinau since 2014. Each year the forum brought together a large number of authorities, economic agents from all sectors of the economy, importers, exporters, financiers from the country and over the border, and the interaction between the participants culminated in the conclusion of dozens of partnerships, which contributed to the development of the national economy. The 2018 edition takes place between 27-29 November and is organized by the Investment Agency under the aegis of the Government of the Republic of Moldova.<\/p>\n","protected":false},"author":23,"featured_media":446144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-446143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-drafts"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>The tourism and ICT sectors have great potential for growth and the ability to boost the economic development of the Republic of Moldova.<\/p>\n<p>The second day of Moldova Business Week 2018 &#8211; the most important national business event organized in Chisinau &#8211; was dedicated to the investment attractiveness of the seven strategic branches of the national economy: <strong>Energy, Infrastructure, Automotive and Electronics, Information Technology and Communications, Agriculture and Food Industry, Tourism, Light Industry.<\/strong> By the way, visit this website for <a href=\"https:\/\/www.spacrun.com\/\">SPAC Investing Analytics<\/a>.<\/p>\n\n<h3>Moldova&#8217;s tourist offer meets the requirements of foreign visitors<\/h3>\n<p>Worldwide, according to the World Tourism Organization data, this sector generates a turnover of about 1300 billion USD, representing 10% of global GDP, 30% of total exports or 7% of total exports, and one in ten jobs are generated by tourism. This is the industry with the fastest growing growth rate internationally, tripling its earnings from 2000 to the present, and the WTO predicts maintaining this trend until 2030.<\/p>\n<p>Within the &#8220;Moldova Business Week 2018&#8221;, the discussion panel dedicated to the tourism sector brought together representatives of the ministries, officials,\u00a0and guests from Hungary and Georgia, as well as actors from the private sector. The moderator of the presentation and discussion block was the general manager of the Investment Agency, an institution responsible for promoting and attracting foreign capital.<\/p>\n\n<h3>Republic of Moldova &#8211; an important IT destination on the regional market<\/h3>\n<p>The IT industry is the fastest growing sector in the national economy and 80% of the IT products created in the country are destined for export. One of the success stories of the sector is the IT Park &#8211; it comprises 299 companies, 87 of which come from 25 countries, and the forecast for the first financial year shows that revenues of 1.8 billion lei will be collected.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/11\/46882037_2055809111166081_5722604125858824192_n.jpg\" \/><\/p>\n<blockquote><p>&#8220;The US is committed to supporting the Republic of Moldova in order to remain a developed and prosperous state. We will continue to strengthen economic relations between the US and the Republic of Moldova, and to this end economic and political reforms are needed, while businesspeople need a stable economic environment. IT sector development revolutionizes the global economy and connects producers and consumers around the world. Since 2006, Moldova has grown 20 times its ICT services and products and this growth is accelerating. ICT exports increased by 45% in 2017, and sector growth generally reached 15% per year. This field employs 20,000 people, of which 13,000 in the Software. Due to attractive salaries, this sector has the ability to preserve human capital in the country. This &#8220;boom&#8221; is due to the fact that the public and private sectors have stepped up their efforts and set up a partnership to modernize the ICT sector, &#8221; declared the US Ambassador to Moldova, Dereck J. Hogan.<\/p><\/blockquote>\n<p>The Republic of Moldova has a geographical position that allows it to penetrate western and eastern markets, and highly qualified workforce is one of the advantages that can guarantee the development of this sector.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/moldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fmoldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" 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Opportunities to attract investment in tourism and ICT, to the attention of experts - Moldova.org<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moldova.org\/en\/moldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Arina Livadari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/moldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/moldova-business-week-2018-opportunities-attract-investment-tourism-ict-attention-experts\\\/\"},\"author\":{\"name\":\"Arina Livadari\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#\\\/schema\\\/person\\\/f7f7b7a757ef0c14ab74eed7caf3eb58\"},\"headline\":\"Moldova Business Week 2018: Opportunities to attract investment in tourism and ICT, to the attention of 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