Moldovan farmers who wish to participate in the Livada Moldovei lending program can receive preliminary technical assistance.

Moldovan farmers who wish to participate in the Livada Moldovei lending program can receive preliminary technical assistance.

In particular, companies are provided with assistance in developing business plans and preparing investment projects. The first meeting of observers for technical support and program implementation took place in the Ministry of Agriculture, Regional Development and Environment. The agreement on financing, signed in July 2014 between the European Investment Bank and the Government of Moldova, provides for the allocation of 120 million euros, as well as technical assistance under the Livada Moldovei program, to help the Moldovan agrarians develop business plans, investment projects and strengthen the capacity to provide and use the loan. Beneficiaries of technical assistance can be producers of fruits, nuts, berries, table grapes, as well as processing and post-harvest infrastructure. About 10% of loans under the program are provided to the educational and scientific sector, which allows to strengthen the capacity in the training of labor for the agricultural sector. As the director of the project implementation unit Iurie Brumarel noted, technical assistance will complement the activities of the unit and will allow using the financing possibilities, providing them with a wide range of consulting services. During the meeting, representatives of consulting companies expressed their readiness to support the development of the agricultural sector and assured that they would use the most effective methods of training, provide information and technical support. Recall, the EIB will provide Moldova with a loan of 120 million lei for the implementation of the Livada Moldovei project. The loan is allocated for 10 years at 0.75% per annum with a 4-year vacation on payments. The Livada Moldovei project is used to modernize production in horticulture by promoting intensive and super-intensive fruit production, equipping the gardens with irrigation and anti-hail facilities, modernizing post-harvesting processes and processing fruits, diversifying Moldovan fruit markets, etc. The project implementation period is 5 years. It is planned that about 300 economic agents and 52 thousand peasant farms will use the EIB's credit resources within the framework of the project. //12.07.2018 - InfoMarket.

News on the subject