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Moldovan farmers from December 26 can start applying for the 3rd call for grants of up to $1 million under the WB-funded AGGRI project for the livestock and milk production sector

Moldovan farmers from December 26 can start applying for the 3rd call for grants of up to $1 million under the WB-funded AGGRI project for the livestock and milk production sector

According to the Ministry of Agriculture and Food Industry, in particular, farms specializing in raising cattle, sheep and goats for milk, meat and mixed activities can receive grant funding under the project “Agriculture Governance, Growth and Resilience Investment” (AGGRI). The application period began Dec. 26 and will end April 4, 2025. Files can be submitted to the Agency for Intervention and Payments in Agriculture (AIPA) territorial offices corresponding to the region in which the farmer operates. The maximum grant amount can be up to $1 million, provided the amount does not exceed 50% of the value of eligible investments. The funds are intended to support investments in the development and modernization of the livestock sector. Thus, the money can be used for the construction and modernization of livestock farms, equipping them with high-performance machinery and technological equipment, as well as for the development of milk and meat processing infrastructure. Investments in the necessary technological infrastructure, including energy and water supply systems, are also acceptable. As previously reported by InfoMarket, the total cost of the AGGRI project is 55 million euros, of which 21 million euros is intended for the development of the livestock sector, including production and processing infrastructure. Farmers eligible to participate in the program must co-finance at least 50% of the investment cost and provide the necessary documentation, including a long-term business plan. The main objective of the AGGRI project is to revitalize the livestock sector by investing in the modernization of livestock farms, which will increase milk and meat production, thereby helping to meet domestic demand and increase farmers' incomes in this sector. The AGGRI project encourages the construction or modernization of livestock farms, equipping them with modern technologies and purchasing breeding animals. In addition, financing is provided to improve the energy efficiency of farms, including the introduction of technologies such as biogas plants and photovoltaic panels. //26.12.2024 - InfoMarket.

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