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Sichuan Ruifeng mulls investment in Moldova's Marculesti airport - econ min

Sichuan Ruifeng mulls investment in Moldova's Marculesti airport - econ min

CHISINAU (Moldova), May 6 (SeeNews) - Moldova's economy ministry said that China's Sichuan Ruifeng Investment Management Group is interested in investing in the country's Marculesti Free International Airport.

Wang Dong, chairman of Sichuan Ruifeng, has reiterated the group's willingness to invest and develop sustainable partnerships in Moldova, the economy ministry said in a press release on Sunday following a meeting with representatives of the Chinese company.

Due to its favourable geographic location, Marculesti International Airport has the potential to become a very important centre for facilitating the exchange of goods and services between Europe, Asia, Africa and the Middle East, Moldova's state secretary for economic affairs, Vitalie Iurcu, said during the meeting, according to the release.

"We appreciate the bilateral economic relations established with the People's Republic of China, especially considering that it is the world's largest importer and exporter of goods and among the main trade partners of the Republic of Moldova", Vitalie Iurcu added.

Marculesti Free International Airport is located six km from Floresti and 150 km from capital Chisinau. It was founded in January 2004 at the site of a former Soviet military air base and currently has a civilian destination. Moldova aims to use the airport to develop air transport, aeronautical services, export-oriented industrial production and foreign trade activity.

Sichuan Ruifeng Investment Management Group is an industrial and financial conglomerate founded in 2005.

Currently, there are 86 companies with Chinese capital present in Moldova, the ministry said. Based on 2018 data, China ranks 6th among Moldova's trade partners with 7.31% of the total trade volume.