The counties of Moldova are developing, Vaslui is bypassed! Zero foreign investment in 2024

by Dănuț CIOBANU

While dozens of foreign companies are opening in the rest of Moldova’s counties and significant funds are being attracted, not a single investor passes through Vaslui. In the first two months of this year, 39 companies were registered in Iași, 13 in Botoșani, 22 in Bacău, etc. On the other hand, no company with foreign capital was registered in Vaslui county.

In the first two months of this year, no company with foreign participation in the subscribed capital was registered in Vaslui County.

According to the data of the National Trade Register Office, in January 2024 the situation in the North-East Region is as follows: Bacău – 13 companies; Botoșani – 6 companies; Iasi – 17 companies; German – 1 company; Suceava – 3 companies. In February 2024, the situation is as follows: Iasi – 22 companies; Botoșani – 7 companies; Bacău – 9 companies; Neamt – 3 companies; Suceava – 4 companies.

Between 1991 and 2022, 633 foreign companies were registered in Vaslui county, which means at the national level a percentage of only 0.21% of the total number of foreign companies. The total value of foreign investments is 44,966,800 euros. Mehedinți, with 49.7 million euros, and Gorj, with 11.1 million euros, are among the top counties for foreign investments. At the opposite pole is the county of Timiș with investments of 2 billion euros.

The National Strategy and Forecast Commission published in January 2024 “Projection of the main economic and social indicators in territorial profile 2023 – 2027”.

At the end of this year, the Gross Domestic Product (GDP) forecast for Vaslui County amounts to 15.3 billion lei. In the year 2027, official forecasts indicate a GDP of 19.3 billion lei for Vaslui county.

In the same year, the value of the gross domestic product for the other counties in the Northeast Region will be as follows: Bacău – 43.6 billion lei; Botoșani – 20.7 billion lei; Iasi – 77 billion lei; Neamt – 30.6 billion lei; Suceava – 39.1 billion lei.

The GDP is an indicator of the production activity at the level of the country or region, being a useful tool for measuring and comparing the economic level of development.