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Economic Growth

Language: English | Romanian
USAID works with the public and private sectors in Moldova to achieve broad-based economic growth, reduce poverty, and strengthen the market economy. USAID works with industry associations to help improve the efficiency of key industries and increase the private sector’s competitiveness in regional markets. USAID works on improving the competitiveness of Moldovan high value agriculture by strengthening targeted fruit and vegetable value chains at the marketing, production, and policy levels. USAID is institutionalizing a process of continuous improvement in the business enabling environment, while also achieving specific and measurable reforms in those areas of greatest concern to the business community.  

Current activities:

Competitiveness Enhancement through Workforce Development and Innovation (CE-WIN)

October 2015 – September 2020

Chemonics International, Inc.

The Competitiveness Enhancement through Workforce Development and Innovation (CE-WIN) project supports Moldova’s efforts to promote a strong, diverse and export-oriented economy by improving competitiveness and efficiency in key Moldovan industries. CEWIN supports the Government of Moldova’s strategy of export and investment-driven growth by focusing on: increased productivity and quality; expanded market linkages; improved sector-enabling environment. CE-WIN project focus is on the following industries: Information and Communications Technology (ICT); wine production and export clustered with the tourism sector; and light industry (clustered textiles and apparel with footwear sectors). Planned CE-WIN interventions should lead to increased productivity, improved product quality, more streamlined business practices, and more modern management practices in the targeted industries. Expanded market linkages created through CE-WIN engagement will lead to increased value of exports and domestic sales in the targeted industries. Increased technical skills in the labor force will contribute to targeted industries’ efforts to expand and develop new investments.

Agriculture Competitiveness and Enterprise Development Project (ACED)

March 2011 – March 2016
Development Alternatives, Inc.

The Agricultural Competitiveness and Enterprise Development Project (ACED) works on improving the competitiveness of Moldovan high value agriculture (HVA) by addressing binding constraints in targeted fruit and vegetable value chains at the marketing, production and policy levels. Complementing Millennium Challenge Corporation (MCC) investments in irrigation system rehabilitation, ACED provides the critical market development and technical assistance support needed by beneficiaries as they transition to irrigated HVA production. ACED represents USAID’s first substantial enterprise development effort in Transnistria and focuses on helping micro-, small- and medium-sized enterprises (MSMEs) in the Transnistrian region grow and become more competitive.

Women’s Career Development Program
July 2009 – December 2015
Pro-Business Nord

The Women’s Career Development Program empowers vulnerable women by providing them with the capabilities to make independent strategic life choices and improve their economic welfare. The program trains and provides employment opportunities for approximately 1400 vulnerable and disadvantaged women from northern Moldova. It creates income-generating social enterprises that benefit their communities.

Moldova’s Business Regulatory, Trade, and Investment Environment (BRITE) program
June 2012 - June 2016
Chemonics International, Inc.

Moldova’s Business Regulatory, Trade, and Investment Environment (BRITE) project is designed to institutionalize a process of continuous improvement in the business enabling environment while achieving specific and measurable reforms in the areas of greatest concern to the business community. The project is divided into three components: 1) targeted reforms in taxes and trade; 2) high-impact reforms designed in collaboration with Moldovan stakeholders; and 3) development of a National Communication Strategy to improve information flows within ministries and between the public and private sectors, and increase outreach to the general public. 

Development Credit Authority (DCA)
Financial Institutions-Partners: Prime Capital, Comertbank, Rural Finance Corporation
September, 2011 – April, 2028

The Development Credit Authority (DCA) Activity supports the implementation of USAID’s Competitiveness Enhancement and Enterprise Development (CEED II) Project, by providing loan portfolio guarantees to selected financial institutions (Prime Capital, Comertbank and Rural Finance Corporation) to encourage them to increase financing for local small and medium size enterprises (MSMEs) engaged in target industry clusters/value chains and emerging export industries. The (DCA) Activity in Moldova aims to improve access to credit for SMEs operating in selected sectors in Moldova through providing loan guarantees to Moldovan financial institutions. An increase in the availability of credit will improve the competitiveness of the private sector, increase the productivity of CEED supported core industries, and improve economic opportunities.

In 2014, USAID/Moldova entered into a co-guarantee partnership with the Swedish International Development Cooperation Agency (SIDA) with the objective to improve the operational efficiency of MSMEs in Moldova in order to strengthen their commercial viability and growth in an environmentally sustainable manner, and thus contribute to job creation and increased living standards. The Project also aims to allow individuals to improve their energy efficiency, affecting cost savings, benefitting energy use in Moldova, and in turn, increasing living standards.

Western NIS Enterprise Fund
Western NIS Fund
June 1995 – August 2016

Established by the United States Congress, the Western NIS Enterprise Fund (WNISF) is a regional private equity fund investing in small and medium-sized companies to build competitive market leaders that attract additional private capital to Moldova. By utilizing international best practices, corporate governance standards, and prudent environmental practices, WNISF serves as a catalyst for growth in local companies.  Since its inception, WNISF has invested approximately $120 million in a range of industries with a concentration on fast-moving consumer goods, construction materials, packaging, retail, and financial services.

EMERGING DONORS CHALLENGE FUND GRANTS

The United States Government, through USAID, is partnering with the 10 “Emerging Donor” countries (Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia) to co-fund projects in Eurasia and the Balkans. This will enable the recipient countries to benefit from the successful experiences of the Emerging Donors in their democratic and economic transitions. 

Development of a National Wine and Vine Registry for Moldova

January 2015 - January 2017

The National Agency for Rural Development (ACSA)

This is a Project jointly funded by Czech AID and USAID through the Emerging Donors Challenge Fund (EDCF). The project is expected to establish a Wine and Vine Register aligned with the acquis communautaire that will enable the traceability of wine production within Moldova and help to further open EU markets for winemakers. The project will help stabilize the legal environment in this area, which should contribute to improving foreign investment.  Also the project will harmonize the legislation (the drafting of relevant legislation), ensuring the successful implementation and use of the Wine and Vine register of Moldova by the National Office for Wine and Vine, and the set-up of appropriate controlling procedures over the persons (vine owners/holders) responsible to submit mandatory vine declarations and keep wine and vine products’ traceability.  Finally, the project will strengthen capacity to efficiently implement and further manage the Vine Register according to the EU acquis communitaire.  USAID has selected the local Moldovan organization Agency for Consultations and Studies in Agriculture (ACSA), also proposed by Czech AID, as its implementing partner, to ensure local ownership and sustainability.

Last updated: March 09, 2016

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