Economics

INVESTMENTS IN LONG-TERM TANGIBLE ASSETS GREW 13.5% IN MOLDOVA

29 november, 2018

The amount investments in long-term tangible assets accounted for over 12,899 million lei (US$758.7 million), growing 13.5% against the equivalent period of 2017 (in comparable prices).

According to the National Bureau of Statistics (NBS), around one-third of all investments - 4,204 million (+8.3%) accounted for purchasing transport and equipment. The second place is for the first time held by investments in constructing engineering buildings, which grew to 2,572 million lei, which allowed leaving behind the building of non-residential facilities, mostly the production facilities - 2,135 million lei. Meanwhile, the once leader building of housing that fell 4.2%, ranked the fourth with 1,855 million lei.

According to financing, most investments - 8,136 million lei (+1.8%) - accounted for economic agents and the population's own funds, while the state budget allocated just 1,177 million lei to this, though this sum is 2.4-fold bigger than over the first 9 months of 2017.

Foreign investments on contrary kept falling, going down 12% - to 473.5 million lei. Respectively, their share in the total volume of investments fell to record low level - only 3.7%.

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