BUSINESS COMPANIES ECONOMY INVESTMENTS

PM Dancila: Economic development, closely linked to investments in infrastructure

Prime Minister Viorica Dancila said at the Maramures International Airport (AIM) on Friday that the Government has supported the investments made in the infrastructure of this airport, as well as other investments made in the county, adding that the current Government is trying to attract as many investors as possible.

“I think it is very important that in this year 2019, in which we focus on investments, these unfold on time, to see their stage. Wherever we see that things are not as we would have wanted, we will come with government support. I appreciate this good cooperation between the local communities, the County Council and the Government of Romania, because in fact all these things lead to the development of the local communities, the development of the county and, implicitly, the development of Romania,” said Prime Minister Dancila.

She also stressed that the Government is directly interested in supporting local investments, this being the reason why “we supported the construction of the airport from the governmental point of view, we supported from the governmental point of view the investments in Maramures and countrywide. (…) We encourage the investments in Romania, we also seek from a legislative point of view, from the point of view of conditions, of predictability, of a friendly business environment, to attract as many investors as possible because the economic development is closely linked to infrastructure investments. It is closely linked to the investors who come and develop here objectives, both economically and socially (…),” said Viorica Dancila.

Prime Minister Viorica Dancila visited on Friday the construction site of Universal Alloy Corporation Europe, an investment close to Maramures Airport benefiting from a government aid scheme, the company being specialized in the production of subassemblies for the Airbus and Boeing Aerospace companies.

 

“Romania must seek third markets, such as the Arab countries and China, to increase exports and attract investment”

 

Romania must seek third markets, such as the Arab countries and China, both in order to increase exports and to attract investment in our country, Prime Minister Viorica Dancila said on Friday, in Zalau, north-west Salaj County.

“I went to all the countries of the Arabian Peninsula, I went to the Gulf countries, I resumed relations with many countries where a prime minister had not been since 1997, 1998. As a result of the discussions we had, (…) as a result of these visits, we started exporting to Arab countries, in Iran we sent 200,000 sheep, we got the veterinary certificate for Kuwait, we will start exporting to Kuwait as well, we will start exporting to the United Arab Emirates. We have signed an agreement on the export of honey (…) to China. In the next period we will sign an agreement on poultry, beef and mutton with China, and it is true that the European market implies a fierce competitiveness, and then we have to find other things too,” Dancila told a press conference when asked about the open letter addressed to her by a regional investor who proposed as solution for “saving the Romanian economy” the export re-orientation to third countries, such as the Arab countries and China.

At the same time, the prime minister added, the Government is trying to “push ahead” Romanian products.

“A first step was to reduce the VAT on organic products and traditional products from 9pct to 5pct, and we must start a highly active promotion campaign abroad. So all of these discussions I had with my counterparts from Arab countries, from Turkey, from China, from other countries, now begin to show results both in terms of export, and once again I say the signer of the letter is right, but also in terms of investment to Romania. I showed that in Romania investments can be made, that we have created a friendly environment for business, that we can talk about predictability and at the same time stability and economic growth, and data from the National Institute of Statistics – 5pct growth in the first quarter of this year – confirms what I said,” Dancila added.

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