Investment Climate Reform Moldova

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The project works with the government of Moldova to improve the investment climate for business operations, streamline agribusiness regulation, and promote investment in agribusiness. Investment climate objectives include: 1) reducing inspection compliance costs by 10 percent and increasing the quality of inspections; 2) reducing construction permit compliance costs by 10 percent; and 3) improving the insolvency framework for troubled businesses. Objectives for streamlining agribusiness regulation include harmonizing with EU regulations and increasing compliance cost savings. Objectives for agribusiness investment promotion include: 1) increasing export of high-value agriculture (HVA) products and other targeted agribusiness products; and 2) increasing the value of investment in HVA, agribusiness, and cold storage.