Competitiveness Enhancement Project

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The Competitiveness Enhancement Project will assist Moldova in enhancing competitiveness of enterprises through improvements in the business environment and making adequate standards, testing and quality improvement services available to enterprises. The project consists of the following components: (i) This component will contribute to the overall government effort in the area of improving business environment and provide strategic input, including continuous support for developing regulatory reform strategy, building institutional capacity for deregulation, and introducing Regulatory Impact Assessment (RIA) in the legislative process of Moldova. (ii) Addresses product quality obstacles faced by enterprises competing in domestic and international markets related to poor metrology, standardization, testing and quality (MSTQ) infrastructure and services. (iii) This component will help promoting the use of MSTQ services by enterprises, especially small and medium enterprises (SMEs), through the use of the Matching Grants Facility (MGF). (iv) This component will contribute to improving access to finance of private enterprises (mostly SMEs). The project will finance costs of project management, monitoring, financial management, audits and other activities related to overall project management, monitoring and coordination.