The majority in the Assembly plans to postpone the deadline of the law on strategic investments for the third time. Officially, the law expired on December 31 of last year. However, a new proposal for postponing its term until the end of this year has arrived in the Assembly. The news was confirmed by the Minister of Finance, Ervin Mete.
"For strategic investments, there is a proposal by a deputy in the parliament to make some changes related to the level of those considered strategic investments, but also with the operational aspect of the law, but also with the postponement of the deadline", said Minister Mete in a conference with journalists.
The law was approved in 2015 as a temporary law until the government drafts a unified law to replace the laws in force at that time, the one on investment and on foreign investment. However, in 2018 it was postponed by two years and in 2021 again by two more years. The law has been criticized by experts as a mechanism through which certain subjects are benefiting from fiscal favors and public property.
According to the law, strategic investor status is recognized for any entity that invests more than 5 million euros and employs 80 workers. In order to facilitate the procedures of these investors, the government has adopted several decisions enabling them to consolidate their ownership titles. Based on them, the state is obliged to provide strategic investors with auxiliary infrastructure, such as supply and adaptation of the electrical network, drinking water supply, sewage and wastewater treatment, as well as road infrastructure.
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