Foreign investors and dual education. Case studies. Marin CIOBANU, Chief Administrator of the Free Economic Zone Bălți

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1 Foreign investors and dual education. Case studies Marin CIOBANU, Chief Administrator of the Free Economic Zone Bălți

2 Foreign investment tool for social economic development and sustainable growth of the country

3 FREE ECONOMIC ZONE BĂLȚI 26 may 2010 set up of FEZ Balti Goal: social economic development of country through foreign investments attraction and creation of new jobs subzones in 3 Development Regions of country (about 245 ha); 49 residents; Over 111 million USD investments; Over new jobs. Over 250 million USD investments; Over jobs; 4 projects in progress.

4 FEZ BĂLȚI DEVELOPMENT PATH Economic development New residents/ FDI projects Value chain development/ extension through clients and suppliers chain Links development between domestic and international investing companies Workforce traning Professional school nr. 5, Bălți College of Engineering, Straseni University Alecu Russo, Bălți Cooperation & partnership Local public authorities Ministry of Economy and Infrastructure Ministry of Education, Science and Culture

5 ECONOMIC DEVELOPMENT: FEZ BĂLȚI TENANTS DRAEXLMAIER AUTOMOTIVE Ltd. Established in 1958 Headquarter: Vilsbiburg (Germania) 62 sites on 4 continents employees JIT Production & Logistics JIS In Republic of Moldova from 2007 In FEZ Balti from 2010 Main production harnesses for automotive industry Investment $ 80 million 3 production units with more then 3500 employees

6 Draexlmaier Automotive Ltd. Wiring harnesses for automotive industry Plant no. 1 Plant no. 2 Plant no. 3 End of 2017: Investment $ 80 million Employees persons

7 GG Cables & Wires EE Ltd. Production of single core cables for automotive industry Production site no. 1 (2012) Investment $ 26 million Employees 100 persons (engineers and technicians) Production site no.2 (2017) Investment $ 28 million Employees 600 persons The product portfolio ranges also includes cables for: TGV trains Electric & electronic equipment Elevators

8 La Triveneta Cavi Development Ltd. Medium and low voltage electrical cables Strășeni Investment: $ 32 million Employees: 400 persons

9 Sumitomo Electric Bordnetze Ltd. Harnesses for automotive industry Orhei Investment $ 40 million Employees 3200 persons

10 Coroplast Harness Technology Ltd. Modular cables and contactors for automotive industry Investment $ 25 million Employees 600 persons Established in 1928 Headquarter: Wuppertal (Germany) Production sites in Poland, China, Tunisia, USA, Mexico and Moldova Sales million Euro (2016) Main activity: automotive industry In Republic of Moldova since 2016 Location: Causeni

11 Workforce training Goal: training of managers and skilled workers for local and foreign companies, using dual system practice. Dual education system - represents a successful combination of solid theoretical training and practical professional skills, as a basis for a prosperous economy

12 Dual education joint efforts and efficient cooperation between education institution and company of future employees training Case studies: 1. Draexlmaier & professional school nr. 5, mun. Bălți 2. Draexlmaier & University Alecu Russo, mun. Bălți Advantages: - Efficient internship - Friendly company environment - Theoretical introduction under company s supervisors - Advanced chances at employment

13 College of Engineering pilot project of German dual system education in Moldova Efficient partnership between education institution and private partners (firms) for joint professional training with real possibilities of employment and competitive salaries. Dual system advantages: High qualified workforce training with specific technical abilities and general skills as foreign language, computer etc.; Increasing the attractiveness of technical professional programs; Efficient internship with an authorized supervisor; Advanced employment opportunities.

14 College of Engineering Possibilities for Partners (private companies) Best students selection; Participation to the study programs; Identical conditions for both theory/ practice; Authorized supervisor of internship; High interest for personal development; Studies on base of dual partnership contract. Possibilities for Students Strong link between theory and practice during the studies; Compact studies of 3 years; Basic salary for all years of studies from partner company; Practical tasks in small groups in a well equipped workshop; Real chances for employment. CI

15 Thank you!