Today at the Moldova Partnership Platform conference in Chișinău, the European Investment Bank (EIB Global) and the government of Moldova signed two agreements aiming to enhance the country’s economic and environmental resilience. EIB Vice-President Teresa Czerwińska, alongside Moldovan President Maia Sandu and Ambassador of the European Union to Moldova Jānis Mažeiks, announced a EUR 200 million loan for forest development and a EUR 12 million EU grant for railway infrastructure improvements. These investments aim to enhance Moldova’s green transition, improve connectivity, and support regional trade routes, including crucial links with neighbouring war-torn Ukraine.
The agreement signed today includes a EUR 12 million EU investment grant, which was announced at the Global Gateway Forum. This grant complements a EUR 41.2 million loan agreement signed in 2023.
The funding is being used to rehabilitate and modernise key sections of Moldova’s railway infrastructure, enhancing internal connectivity and providing a vital export route for Ukraine. This project is aligned with the Solidarity Lanes initiative, which aims to strengthen regional stability and economic resilience by improving Moldova’s connectivity with Europe and Ukraine.
“As the EU climate bank, the EIB is dedicated to supporting Moldova’s sustainable development and its path towards EU integration. The agreements signed today reflect our commitment to enhancing Moldova’s environmental resilience, improving infrastructure and fostering economic stability. By addressing key challenges in forestry and connectivity, we aim to boost Moldova’s progress and solidify its role as a valued partner of the EU family,” said EIB Vice-President Teresa Czerwińska, who is responsible for the Bank’s operations in Moldova.
“Both agreements – the EUR 12 million grant for country’s railway structure and EUR 200 million loan for Moldova’s forestry sector – will address key challenges currently holding back Moldova’s economic development, such as transportation infrastructure, soil erosion and biodiversity loss. With the EUR 12 million grant offered by the European Union, we continue to modernise Moldova’s railway infrastructure and improve the EU-Ukraine-Moldova transport routes. To date, Solidarity Lanes have been a vital form of support offered by the EU to Ukraine and Moldova in the context of Russia’s war against Ukraine, as they have helped Ukraine export more than136 million tonnes of goods, such as grain, ores and steel, and import more than 52 million tonnes of essential merchandise,” Ambassador of the European Union to Moldova Jānis Mažeiks added.
EIB Global and Moldova
Since establishing its presence in Moldova in 2007 and following the signing of the EUR 200 million Moldova Forest Development Programme at the Moldova Partnership Platform conference in 2024, the EIB’s total investment in the country has reached about EUR 1.5 billion across more than 30 projects.
These investments support EU policy objectives in various sectors, including energy security and energy efficiency, transport, healthcare, digitalisation, private sector growth and forestry. As the European Union’s financing arm, the EIB continues to support Moldova’s development and path towards EU integration through its strategic investments.
Share on:
