Market & Location Advantage
- One of the largest markets in Central and Eastern Europe (over 21 million inhabitants)
- Attractive location: allowing an easy access to the countries of the former CIS countries, Balkans, the Middle East and Northern Africa
- Attractive location: at the junction of three prospective EU transportation corridors no. 4,7, 9
Resource Advantage
- Skilled labor force, with solid knowledge in technology, IT and engineering
- Rich natural resources, including fertile agricultural land, oil and gas
- An important potential for tourism
Political Advantage
- Stable executive power
- Stability factor in the Area -NATO member
- Stability Guarantee in South Eastern Europe
- EU membership since January 2007
IR Advantage
- Bilateral agreements between Romania and other countries for investments promotion and protection (click kere to view)
- Bilateral diplomatic relations with 177 out of 191 UN member states, plus the Holy See, the Sovereign Military Order of Malta and the Palestinian National Authority
- Member of the UN and other international organizations, like: OSCE, Council of Europe and International Organization of La Francophonie
- Free trade agreements with EU, EFTA countries, CEFTA countries
- WTO member since January 1995
Economical Advantage
- Sustainable economic growth
- Functional Market Economy status
- Decreasing inflation
- Increasing interest of Foreign Investors
Improving Infrastructure Advantage
- Well-developed networks of mobile telecommunications in GSM systems
- A highly developed industrial infrastructure, including oil and petrochemicals
- The presence of branch offices and representatives of various well-known international banks
- A newly developed highway infrastructure
- Commitment to improve the highway infrastructure to EU standards
- Extensive maritime and river navigation facilities
Social Advantage
- Agreement between Government and Major Unions
- No major Union Movements
- Permanent dialogue with the employees associations
- Labor relations regulated by the Labor Code
Legislative Advantage
- Legislation compatible with Acquis Communautaire
- Similar legal provisions as in UE
- Healthy fiscal policy regulated by the Fiscal Code
- Competitive tax policy: 16% flat tax
Immediate Measures To Increase Foreign Direct Investment In Romania
a report by the Foreign Investors Council
http://www.fic.ro/whitebook/whitebook.html
Source:
Romanian Agency for Foreign Investment