Since transitional period to next growth cycle is the best time for investing, Juhan Parts, Estonian Minister of Economic Affairs invites foreign investors to the second round, aripaev.ee mediates New European Economist.
After couple of years doubled economic growth Estonian economy faces cooling and blooming of domestic economy is ending, writes Parts in the article.
“Still it is great time to invest into next economic growth and positive business cycle in Estonia. Money of EU funds is also available to make transition to next growth cycle more smoother,” said Parts.
He added that more specialized sectors are broadening investors’ possibilities to choose most suitable field.
“Estonians are experts on getting used to new conditions. From Soviet times to choppy ‘90s to technology-oriented situation today, Estonians have always adapted and re-found themselves,” noted Parts.
Since being in transition phase, Estonia is ready to go into next economic blooming.
“This time our IT-sector and manufacturing are dominating. There is no better option to take part of it than now and also benefit from it,” the minister wrote.
“Look, what we have to offer and don’t wonder what could’ve been,” Parts is inviting foreign investors.
Source: BBN
Filed under: Foreign investment
