Company Competitor: Incredocon
Project name: Bioethanol, EU Market need 12 million tons
Ownership: Private property
Kind of Activity: Bioethanol, EU Market need 12 million tons
Line: Investment activity and consulting
Amount: 100000 USD (K)
Payback: 50 months
Other: The production of ethanol in Moldova, can have the success due to following reasons:
• Favorable investment climate (0% income tax for reinvest profit, ethanol production is not subject to VAT and excises)
• Moldova’ GSP trade preferences for bioethanol import to Europe
The EU directive and Moldova law set the minimum of 6% consumption of renewable fuels starting January 1st 2010 -and that means that R.Moldova’s market need anually 220 000 tons of Bioethanol, and EU Markets needs 12 million tons .
Bioethanol is free of duty's (-22%) in trade with European Union.
We offer the opportunity to invest in biofuel factory in Moldova. Our Company in cooperation with related bio fuels market participants has put forward an initiative to establish a consortium of bio fuels.
• Favorable investment climate (0% income tax for reinvest profit, ethanol production is not subject to VAT and excises)
• Moldova’ GSP trade preferences for bioethanol import to Europe
The EU directive and Moldova law set the minimum of 6% consumption of renewable fuels starting January 1st 2010 -and that means that R.Moldova’s market need anually 220 000 tons of Bioethanol, and EU Markets needs 12 million tons .
Bioethanol is free of duty's (-22%) in trade with European Union.
We offer the opportunity to invest in biofuel factory in Moldova. Our Company in cooperation with related bio fuels market participants has put forward an initiative to establish a consortium of bio fuels.
E-mail: finans@incred.md
Phone: +(373) 22 59 36 57
Issue Date: 25.01.2010
