The Gagauz autonomy has the authority to adopt its own legislation in order to implement economic reforms and to stimulate investment activity. This year, on the initiative of the Executive Committee, the People’s Assembly of Gagauzia adopted a new «Investments Law». Foreign and domestic enterprises that decide for investment in Gagauzia and open workplaces may take advantage of the regional law on investment, obtaining grants in-kind, preferences on taxes, investment subsidies for construction and installation works, for the creation of industrial and technical infrastructure as well as for the purchase of equipment. Gagauzia is an integral part of the Republic of Moldova, with functioning preferential trade regimes with the CIS and the European Union. On 1st November 2016, a comprehensive free trade regime with the Republic of Turkey came into force. Free trade area regimes offer excellent opportunities for investors by expanding their activity to Gagauzia. Investors can profit from trade opportunities in a 360o perspective.It is also important that Gagauzia has a favorable geographical location, natural and climatic conditions, modern logistics and infrastructure, and advanced legislation for the implementation of investment projects. The Authorities of the autonomy and the whole Gagauz nation are open for mutual beneficial cooperation and efficient development of new opportunities. Due to the competitive advantages that the region has, we feel confident to recommend some priority sectors for investment. These are agriculture and agro-processing, manufacturing, and business process outsourcing. However, of course, we do not want to limit ourselves only to these sectors.
There are many other attractive business fields, and you know your business best. In any case, we will be delighted if you decide to join us. Let us develop the economic potential of the Gagauz autonomy together. We invite you to Gagauzia – the region of new opportunities!