Moldova Business Week 2019

Inregistrarea este valabila de la 10 octombrie pana la 10 noiembrie

20 November

MOLDOVA BUSINESS WEEK,
Invest Moldova

1

11:00 – 12:00
(1h)

HOST - Rodica VERBENIUC, General Director, Moldovan Investment Agency


FOREIGN DIRECT INVESTMENT – SHORT-TERM SHOCKS, LONG-TERM CHALLENGES AND OPPORTUNITIES:

TRENDS AND POLICY PERSPECTIVES

Moderator: Andrei CRIGAN, Partner, Gateway & Partners

Key Note Speaker - Massimo MELONI, Investment Policy Reviews Division on Investment and Enterprise UNCTAD (United Nations Conference on Trade & Development)

- Recent trends in global FDI flows and prospects for the coming years;
- Impact of the COVID-19 pandemic on FDI in the short, medium and long term - global and by region;
- The impact of the megatrends on global value chains and FDI.

Key Note Speaker - Stefan KRATZSCH, Investment and Technology Promotion Division, Department of Digitalization, Technology and Innovation, UNIDO (United Nation Industrial Development Organization)

-Connecting SDGs with “quality” FDI following the global pandemic;
-Leveraging SMEs opportunities to the core performance metrics compounded with a digitalization strategy.

Key Note Speaker – Scott Hocklander, USAID Moldova Mission Director

USAID INVEST: Mobilizing investment for Moldova’s Gems, a view from the field - Sashi Jayatileke, Deputy Head of USAID INVEST and Thomas Flahive, Partner at CrossBoundary Group

HOST - Rodica VERBENIUC, General Director, Moldovan Investment Agency


FOREIGN DIRECT INVESTMENT – SHORT-TERM SHOCKS, LONG-TERM CHALLENGES AND OPPORTUNITIES:

TRENDS AND POLICY PERSPECTIVES

Moderator: Andrei CRIGAN, Partner, Gateway & Partners

Key Note Speaker - Massimo MELONI, Investment Policy Reviews Division on Investment and Enterprise UNCTAD (United Nations Conference on Trade & Development)

- Recent trends in global FDI flows and prospects for the coming years;
- Impact of the COVID-19 pandemic on FDI in the short, medium and long term - global and by region;
- The impact of the megatrends on global value chains and FDI.

Key Note Speaker - Stefan KRATZSCH, Investment and Technology Promotion Division, Department of Digitalization, Technology and Innovation, UNIDO (United Nation Industrial Development Organization)

-Connecting SDGs with “quality” FDI following the global pandemic;
-Leveraging SMEs opportunities to the core performance metrics compounded with a digitalization strategy.

Key Note Speaker – Scott Hocklander, USAID Moldova Mission Director

USAID INVEST: Mobilizing investment for Moldova’s Gems, a view from the field - Sashi Jayatileke, Deputy Head of USAID INVEST and Thomas Flahive, Partner at CrossBoundary Group

2

12:05 – 12:45
(40 min)

THE BUSINESS - PARTNER AND STAKEHOLDER FOR GOVERNMENTAL REFORMS

Discussion panel

Moderator: Ion LUPAN, Head of the Secretariat, Economic Council to the Prime Minister of the RM

THE BUSINESS - PARTNER AND STAKEHOLDER FOR GOVERNMENTAL REFORMS

Discussion panel

Moderator: Ion LUPAN, Head of the Secretariat, Economic Council to the Prime Minister of the RM

  • European Business Association– Mariana RUFA, Executive Director
  • American Chamber of Commerce of Moldova – Mila MALAIRAU, Executive Director
  • Foreign Investors Association– Ana GROZA, Executive Director
  • Alliance of Small Enterprises– Liliana BUSUIOC, Executive Director
  • 3

    13:00 - 19:00
    (6h)

    CONSECUTIVE PITCHING SESSIONS during which Moldovan companies will present their investment profile in front of potential investors and partners

    FOR REGISTERED PARTICIPANTS ONLY

    CONSECUTIVE PITCHING SESSIONS during which Moldovan companies will present their investment profile in front of potential investors and partners

    FOR REGISTERED PARTICIPANTS ONLY

    4

    13:00 - 14:30
    (1h30min)

    PANEL 1 – ICT

    Moderator: Marina BZOVÎI, Executive Director, ATIC Association of TIC companies in Moldova

    Sector overview: Vitalie TARLEV, State Secretary, Ministry of Economy and Infrastructure

    PANEL 1 – ICT

    Moderator: Marina BZOVÎI, Executive Director, ATIC Association of TIC companies in Moldova

    Sector overview: Vitalie TARLEV, State Secretary, Ministry of Economy and Infrastructure

  • Third sector of the national economy with a faster growth rate: 8% of GDP;
  • Only sector of the economy that has dedicated policies in place (IT Park Law, It Visa);
  • Since 2005, the ICT sector has increased over 40 times;
  • Exports of IT services – increasing by 50% (2018 vs 2017);
  • In 2019 Moldova IT Park was recognized by the International Telecommunication Union (ITU) as one of the best global practices in promotion and development of the IT ecosystem;
  • Chisinau won in the category for the Emerging City of the Year in SEE in 2020;
  • Over 90% coverage of fiber optic networks and 98% coverage of 4G communications at the lowest prices in Europe;
  • This sector benefits from highly qualified and multilingual human resources (over 28,000 employees in ICT);
  • Moldova ranks 4th in the world in terms of the percentage of the population covered by gigabit internet only after Singapore, South Korea and Malta and the 6th most accessible country in the world (based on the average cost of broadband);
  • 5

    14:30 - 15:55
    (1h25min)

    PANEL 2 – BPO

    Moderator: Cornel COȘER, Partner, Gateway & Partners

    Sector overview: Alina MONACU, GIZ, Economic Policy Advice to the Moldovan Government

    PANEL 2 – BPO

    Moderator: Cornel COȘER, Partner, Gateway & Partners

    Sector overview: Alina MONACU, GIZ, Economic Policy Advice to the Moldovan Government

  • The BPO segment represents approximately 12% of the outsourcing market;
  • Estimated by an IDC report*, that it will record significant growth, reaching a value of $30.42M by 2024, compared to $14.45M in 2018;
  • The current workforce size of Moldova’s BPO & SSC industry is over 3,000 people, servicing European and US markets predominantly. The service focus is across multiple industries, especially in Logistics, Travel, and Telecom sectors.;
  • From the world’s longest nanowire or the world’s first nanostructures micro-submarine, Moldova innovation is impacting research and product development globally;
  • Moldova offers a collaborative ecosystem for R&D including 11 Public Research Institutes, 8 innovation incubators, one Science and Technology Park;
  • The Republic of Moldova is ranked 58 out of 129 countries in the Global Innovation index 2019. Research and development expenditure (% of GDP) in Moldova was reported at 0.24 % in 2019;
  • Moldova offers a unique incentive – 7% tax on turnover for IT Virtual Park residents carrying out R&D and some BPO activities.
  • 6

    16:00 - 17:30
    (1h30min)

    PANEL 3 – ELECTRONIC MANUFACTURING and R&D

    Moderator: Sabina CRIGAN, Partner, Gateway & Partners

    Sector overview: Alexandru MOTROI, Representative of Association of Electronic Industry Companies (ACEM)

    PANEL 3 – ELECTRONIC MANUFACTURING and R&D

    Moderator: Sabina CRIGAN, Partner, Gateway & Partners

    Sector overview: Alexandru MOTROI, Representative of Association of Electronic Industry Companies (ACEM)

  • The electronics sector covered a wide range of activities such as semiconductors, PCBs, transformers, sensors, navigation systems and electronics for naval ships and submarines;
  • 171 companies in 2019;
  • 16 employees in 2019 (+69% compared to 2015);
  • Exports of 526.4 mil USD in 2018 (double compared to 2015 and 5 times more than in 2008);
  • Revenues of 7 bln lei of turnover in 2019 (2.5 times more than in 2015);
  • The sector established its own association – Association of Electronic Industry Companies (ACEM).
  • 7

    17:35 - 19:00
    (1h25min)

    PANEL 4 – MANUFACTURING AND FASHION

    Moderator: Irina TOLSTOUSOV, Moldovan Investment Agency

    Sector overview: Iulia ALLERT, Vice President of the Light Industry Employers Association (APIUS)

    PANEL 4 – MANUFACTURING AND FASHION

    Moderator: Irina TOLSTOUSOV, Moldovan Investment Agency

    Sector overview: Iulia ALLERT, Vice President of the Light Industry Employers Association (APIUS)

  • Manufacture of textiles, clothing, leather goods and footwear is an important and competitive branch of Moldova;
  • One of the largest exporters in the Moldovan economy, representing 16% of exports (2018) and registering an average increase in exports of 10% each year, starting with 2015;
  • The sector also represents 4% of the total number of national employment, with more than 30,000 people working throughout the industry, mainly women;
  • Moldova is known for high quality production, short delivery times, flexible orders and value-added production from CMT plus full package service;
  • Based on duty-free access to EU, Eastern European and Turkish markets, Made in Moldova fashion products are exported to more than 12 countries, mainly to the EU;
  • 447 light industry enterprises in Moldova, more than ¼ have gone from low to high sustainable production;
  • Republic of Moldova advances with a common platform called “Din Inima” which brings together about 100 local brands.