Free Economic Zone in Cahul City
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FREE ECONOMIC ZONE Otaci Ocnita IN CAHUL CITY Briceni Edinet Donduseni 23 hectares Soroca Cupcini Drochia Rișcani Floresti BALTI Soldanesti Ribnita CAHUL CITY Glodeni Rezina Singerei Falesti Cahul City is the administrative center of Cahul District and is the third largest city in terms of Telenesti economic and social importance in the Republic of Moldova. Cahul City has a population of 40 Orhei thousand inhabitants. Cahul District comprises 55 rural localities with the total population of Calarasi Dubasari Ungheni Criuleni 125 thousand inhabitants. The population in the radius of 50 km is circa 390 thousand Grigoriopol Nisporeni Straseni inhabitants. CHISINAU Ialoveni Tiraspol Bender Anenii Noi In terms of economic development Cahul District is characterized by the agriculture, light Hincesti industry and development of industries based primarily on various raw materials. The Causeni Giurgiulesti International Free Port is situated at 50 km distance from Cahul City. Cimișlia Stefan Voda Leova EDUCATION Basarabeasca Cantemir COMRAT State University of Cahul; Medical college of Cahul Ceadir-Lunga Cahul branch of the “Dunarea de Jos” 2 vocational schools. R34 University of Galati (Romania) Cahul Taraclia Industrial-pedagogical college of Cahul Giurgiulesti LANGUAGES are widely spoken and understood R38 R34 ROMANIAN RUSSIAN UKRAINIAN ENGLISH FREE ECONOMIC ZONE “BALTI” – SUBZONE CAHUL R38 DN26A The Free Economic Zone represents excellent platform for export-oriented R38 manufacturing companies, which benefit of preferential customs and tax regime. CAHUL FEZ “Balti” was established in 2010 for a period of 25 years. It administrates 11 R38 R38 subzones with a total area of circa 245 hectares, namely in Balti municipality (3 subzones – 148.4 ha); Cahul city (2 subzones – 40.0 ha); Staseni city (4 subzones – 40.2 ha); Causeni city (8.5 ha); Orhei city (8.0 ha). R34 FEZ BALTI GREENFIELD, SUBZONE CAHUL R34 SUBZONE CAHUL Cahul subzone is located in the eastern part of the city. The FEZ is delimited to the north along the regional road R38 (Vulcanesti-Cahul-Taraclia). The subzone is situated in a distance of 2,8 km from the Cahul City center. The nearest border checkpoint with Romania is Cahul (MDA) – Oancea (ROU) located at 7km distance from Cahul City. The land plot size is 23 hectares. GENERAL INFORMATION Location Cahul Overall Population of District 125 000 inhabitants CAHUL Total Area of the City 34 km² SUBZONE CAHUL Organizational Form FEZ administration Land Ownership State owned land Land Destination Construction purposes Land Area 23 hectares INFRASTRUCTURE TRANSPORT National road R38 – connecting cities: The railway station serves the city and is Cahul International Airport is located at 8 Vulcanesti – Cahul – Taraclia (MDL); operated by Moldovan Railways. It provides km distance from Cahul City. Currently the direct rail connections to Chisinau and to airport is not operational. Proximity to National road R34 – connecting cities: Giurgiulesti International Free Port. Chisinau International Airport – 170 km. Hincesti – Leova – Cahul-Slobozia Mare (MDL); 39 km to European route E584 - B class road connecting the cities Galati (ROU) and Poltava (UKR). UTILITIES CAHUL CITY Water supply: in 200m Electric power: substation in proximity – Ø 110 mm 1.5km proximity – 10 MW SUBZONE CAHUL R38 23 hectares Natural gas: in 360m proximity Sewerage: in 300m proximity – – 0.125-0.25 MPa (Ø 426 mm) 13700 m³/24 hours UTILITY COSTS FEZ RESIDENT FEES* Water 1.0 EUR/m³ Fees for tender participation 400 EUR Electric power 0.08 EUR/kWh Registration fee 600 EUR Natural gas 0.274 EUR/m³ Fee for business activity permit 1000 EUR * fees to be paid at the beginning of activity Sewerage 0.681 EUR/m³ LAND LEASE & PURCHASE INVESTMENT PROPOSAL Land plot can be leased with extension option. FEZ “Balti”, subzone The FEZ is designed as an economic area by law of the Republic of Cahul offers a long-term land lease contracts limited to lifetime of Moldova to facilitate the economic development by attracting FEZ. investment capital. For this purpose, special favorable terms similar Land lease fee to tax and customs facilities have been created. Due to these incentives but also due to favorable geographic location of Moldova per 1 m²/year which provides exceptional investment platform with opportunities to FEZ land plot 0.5 – 1.5 EUR export to EU and CIS countries, many foreign manufacturing companies are interested to extend their production capacities in Land plot (general regime) 0.75 – 2.0 EUR Moldova. It increases the demand for ready-to-use production halls for quick production start but also demand for development of Adjacent land purchasing build-to-suit (BTS) projects. Land plot under constructions within subzone Cahul can be Cahul subzone is created on a free land plot of 23 hectares which purchased on state norm price. allows implementing the industrial real estate development projects. Land purchase norm price 0.15 EURO/m2 INCENTIVES OFFERED IN FREE ECONOMIC ZONES CONTACTS FEZs are connected to all important transport routes and have FREE ECONOMIC ZONE ”BALTI” access to all regions through the national and international roads; 4, Industriala st., Balti municipality MD-3100 All utilities available on site; +373 231 88881, +373 231 88880 Corporate income tax (CIT) rate: 6%; offi[email protected], [email protected] www.zelb.md Exemption from CIT for a period of 3 years, when investing 1 million USD in fix assets of the company and/ or in FEZ infrastructure development (for 5 years, when investing 5 million USD); VAT for equipment and machinery: 0%; 65, A. Mateevici st., MD 2009, Chisinau, Republic of Moldova. Customs procedures tax: 0.1% from customs value of goods; +373 22273 654, +373 22224310 EUR/USD payment among FEZs residents; [email protected], [email protected]. www.invest.gov.md, www.miepo.md 10 years of state guarantee for protection against adverse changes in legislation; State investment protection..