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April 11, 2019, 4:33 p.m. EDT

China,Moldova Republic of : Two roads in Moldova could be rehabilitated with Bank of China support

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Apr 11, 2019 (Euclid Infotech Ltd via COMTEX) -- The R13-Balti-Floresti and M5-Balti-Criva roads could be built with Bank of China support. In this regard, the Government of the Republic of Moldova has begun negotiations with Bank of China for the 190 million euro loan.

The aspects of bilateral cooperation between the Republic of Moldova and the Bank of China were discussed today by Cyril Gaburici, Minister of Economy and Infrastructure, and Yang Shi Xin of the Finance Department, Bank of China.

"We want to launch the R13 - Balti-Floresti and M5 - Balti-Criva road rehabilitation works this year, important roads for citizens. This project, which we hope to achieve together, connects with several strategic points in the country, "said Cyril Gaburici, Minister of Economy and Infrastructure.

Chiril Gaburici presented to the Chinese delegation and the investment opportunities offered by Moldova, as well as the measures taken to create an attractive business environment for companies in the country and abroad.

In the talks, Yang Shi Xin mentioned that the Bank of China appreciates all the facilities and opportunities made by the Republic of Moldova for foreign investors. He also said that creating a modern infrastructure is not an easy process, and with its foreign partners, Moldova can develop this sector.

We recall that for the first time in Moldova, the 12 most important companies in China and 100 local companies participated in the Business Forum held in Chisinau in early April.

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