Moldova and UNIDO to drive industrial development of the nation’s economy

Moldova and UNIDO to drive industrial development of the nation’s economy

The United Nations Industrial Development Organization (UNIDO) and the Government of the Republic of Moldova have signed the first Country Programming Framework (CPF) for inclusive and sustainable industrial development. The CPF, which will cover the period 2019-2023, is the result of extensive consultations with all key stakeholders. It will strengthen cooperation with UNIDO and facilitate the promotion of inclusive and sustainable industrial development in the Republic of Moldova.

The CPF is fully aligned with the priorities set out in Moldova’s National Development Strategy and builds on the achievements of previous projects and programmes. As industrialization is a long-term endeavor involving many stakeholders, efforts will be made to strengthen synergies by collaborating with development cooperation partners, state and non-state actors, including the private sector.

With the CPF for Moldova, UNIDO aims to provide strong support for the Government’s efforts to improve the overall competitiveness of the economy, increase industrial productivity, stimulate entrepreneurship, and encourage knowledge and innovation through capacity development and the adoption of international standards as well as the use of best practices. The overarching goal is full integration into the European Union market and global value chains.

At the signing ceremony, Victor Osipov, Permanent Representative of the Republic of Moldova to the International Organizations in Vienna expressed confidence in the cooperation with UNIDO: “The Country Framework Programme formulates the development objectives of the Republic of Moldova in the light of UNIDO’s universal expertise. Thus, the sustainable and inclusive development of our country’s economy gains a new and solid basis for major investments.”

LI Yong, Director General of UNIDO, stated: “UNIDO is determined to make the CPF for Moldova a success, building on past achievements in the country”.

The representatives of both the Government and UNIDO concluded by emphasizing the need to ensure the successful implementation of the CPF by jointly mobilizing funds from bilateral and multilateral donors.

Original source: UNIDO
Published on 21 December 2018