1. Investors opportunities at Chisinau International Airport

2. Republic of Moldova: general info
Land boundaries: Total: 1,389 km International borders with:
Romania 450 km, Ukraine 939 km.
Coastline:
Moldova has access to the Black Sea
via Giurgiulesti port located on the maritime section of the river Danube.   
Climate:
Moderate winters, warm summers.
Land use: Arable land: 54,2%, permanent crops: 8,8% other: 37,0% (2006).
Population: (2010).

3. External political policy of Moldova
EU membership and the integration into European structures is the strategic objective of Moldova since 2003
In 2010 started the negotiations of an Association Agreement with the EU.
In 2012 it is going to be established visa free regime for Moldovan citizens
WTO membership since 26 July 2001
Preferential trade agreements with the European Union
Preferential trade agreement with the Community of Independent States.
Law on promotion of foreign investments.

4. External economical policy of Moldova
Moldova has a central world-wide geographical position
Moldova may become an effective low-cost cargo bridge between East and West

5. Doing business in Moldova: cheap and effective
1. Liberal Trade Policies; 2. Economic and structural reforms successfully put in place; 3. Wide range of special tax incentives; 4. Stable monetary policy; 5. Skilled and cheap workforce ~ € for medium managers and ~ € for non-qualified workers;

6. Existing hub investors in Moldova
Giurgiulesti International Free Port:
Start of operation in 2007
The only direct sea/river-borne transshipment and distribution point to and from Moldova;
A regional logistics hub, industrial park and free economic zone on the border of the EU with access to road, rail, river, sea;
Privately-owned and privately operated according to EU standards;
For more information see

7. International Air Cargo Tendencies
Western European hubs are getting more and more expensive
Industry continues to seek new paths to profitability
Congestion problems in major European hubs facilitate
airfreight migration to second tier and regional airports

8. Chisinau Airport ID Card:
Chisinau Airport is the biggest and main airport of Moldova,
(lATA : KIV, ICAO : LUKK), Eastern Europe;
Location -13 km south of Chisinau;
Area -480 ha;
Terminal -built in 1970 and upgraded in 2000;
Processing capacity -1.2 M passengers/year;
Open 24/7;
Concrete Runway 08-26: length of 3,590 m and a width of 45 m;
Runway strength-PCN 59/R/B/X/T;
Taxiway system- with taxiways A1, A2, B1, B2, C1, C2, D and E;
Aprons area -with aircraft parking places, cargo/passenger pads, small repair and maintenance area, aircraft de-icing area, fire fighting station, etc.;
Category –4C;
Emergency protection Services Level – 6;
Aircraft parking stands – 33.

9. Chisinau airport long-run perspectives for cargo hub
Competition absence
H24 / 7 days at no extra cost
No hidden costs
High-performance security system ELBIT (Israel), delivered 2010
Direct access to apron
Not overloaded airport (~30 flights per day)
Specialized services
Flexible, qualified and cheap labor force (~300 EUR )
Large unused area (33,3 ha) + possibility of extension up to….
Possibility to activate in a FEZ or in an industrial park
Long-term contracts, based on a mutually beneficial relationship
Strategic position
Possibility to discover new destinations

10. Available local Key- Success factors
for cargo hub
Legally available now
Geo strategic position
Land availability (any extension available on your request)
No special environmental restriction
Competitive pricing
Slot availability
Efficient operations
Possibility to create Free Economic Zone/ Industrial Park
Quick time to market processes

11. Chisinau Airport is the busiest airport in Moldova and the principal gateway for international flights. In 2010, it served passengers, which is 15.8% more than in the previous year. Import and export cargo services constitutes 1816 tons of cargo and 584 tons of mail.

12. Dynamics of cargo and mail turnover

13. Airlines structure of a cargo transportation
2008
2009
2010
cargo
mail
Company
tones %
Air Moldova
581,5
30,1
193,2
35,9
526
32,3
208,1
51,7
708.7
49.3
294
50.3
Turkish Airlines
856,3
44,3
300,2
55,8
661,1
40,5
133,2
33,1
480.4
33.4
241
41.3
Siberia Airlines
53,7
2,8
21,5
4,0
73,3
4,5
15,4
3,8
22.1
1.5
0.8
0.13
Carpat Air
70,8
3,7
1,5
0,3
46,6
2,9
0,6
0,1
35.8
2.5
0.0
Austrian Airlines
47,5
2,5
5,0
0,9
50,2
3,1
5,4
1,4
57.8 4
3.9
0.7

14. Freight traffic of the transport enterprises
2006
2007
2008
2009
Total transported cargo (mln of tonnes), including:
16.7
18.5
17.7
9.2
Railway transportation
11.1
11.8
11.0
4.4
Motor transportation
5.4
6.5
4.6
Fluvial transportation (thousand tonnes)
141.5
166.5
202.0
182.0
Air transportation (thousand tonnes)
0.97
1.00
0.83

16. Specific tax-free forms of investments
INDUSTRIAL PARKS
Opportunities offered by Industrial Parks of the Republic of Moldova:
Offers support on central and local level;
Allows better use of public and private assets;
Grants 30 years’ Title to Administrator Company;
Allows the administrator company to be a resident in its industrial park.
Moldovan Industrial Park incentives are:
Free of charge land destination change;
Free of charge state-owned land transfer to administrator company;
Opportunity to rent state-owned land with 30% discount;
State contributions to infrastructure and technology development;
Limited and controlled state inspections;
Assistance from local authorities and Council to promote investment projects of national importance;
Fiscal incentives.
FREE ECONOMIC ZONES
The following activities are allowed in the free economic zones:
1. Manufacturing of export-oriented products;
2. Sorting, packing, marking and other similar operations on goods transiting Moldova;
3. Other activities, such as utilities, warehousing, public catering, etc. as needed to support the main activities.
FEZs offer the following customs and tax benefits to their residents:
- Exemption from VAT;
- Exemption from customs duties on goods imported into the FEZ and subsequently exported;
- Exemption from excise duties for goods imported into the FEZ and subsequently exported;
- The income tax is 50% from the quota set in Moldova.

17. Investor’s rights and obligations in Moldova
Freedom of Investments;
Non-Discriminatory Investment Environment;
Transparency;
Guarantees of Investors’ Rights;
Guarantee against loss;
Resolution of Disputes;
Freely convert Moldovan national currency and foreign currency;
To repatriate their profits from Moldova after they fulfill their tax liabilities;
To own real estate in Moldova for the purposes of carrying out their business activities
Investors’ Compliance and obligations:
To invent in compliance with international agreements, the Law and other legislative acts;
To comply with the legal requirements of public authorities.

19. Create your Cargo hub in the heart of Europe