Government approves the Regulation on subsidizing investments from the National Fund for Agricultural and Rural Development.
The document establishes both the conditions and procedure for providing post-investment subsidies (the support system already existing in our country) and a new measure of financial support - stage-by-stage subsidization of investments. The new type of financing will be provided in stages after the implementation of each stage of the investment project on the basis of cost reports. The size of the phased subsidy will be no more than 15 million lei for one beneficiary and 25 million lei for a group of agricultural producers or cooperatives. At the same time, the subsidy will be paid in three tranches for projects in the production, processing and realization of goods from the crop, livestock and wine sectors. The funds should be used for: production of agricultural products in greenhouses, creation of super-intensive production, development of production infrastructure, investment in renewable energy production facilities, planting and modernization of vine plantations, creation of livestock farms, purchase of breeding animals, primary processing of livestock products, etc. It is important that the subsidy applicants' own contribution should be at least 50% of the investment project cost. The applicant must also be the legal owner of the immovable property and/or its components to be invested: a minimum of 15 years - for the establishment of perennial plantations or vineyards, means of protection; 5 years - for other goods, including agricultural goods, except for agricultural land. As for post-investment financing, it is a subsidy provided after the implementation of the respective investment project. The financing is provided on the basis of a cost report. This type of subsidy is offered for the following measures/examples: investments in production in protected areas, in irrigation systems and equipment, in crop and livestock production and viticulture, in the application of tillage technologies, infrastructure development, etc. The annual limit of post-investment subsidies for farmers from the livestock sector will be up to 10 million lei, for milk producers - up to 12.5 million lei, for groups of agricultural producers, entrepreneurial cooperatives or associations of water users for irrigation - up to 15 million lei, for other beneficiaries - up to 7 million lei per year. Women farmers, migrants returning to Moldova and young farmers will be able to receive increased post-investment subsidies by 10%, but not more than 500 thousand lei per beneficiary. The Regulation also provides for a number of conditions for beneficiaries of post-investment subsidies: goods and services must have been acquired not later than 2 years before applying for the subsidy, and goods acquired in parts - up to 3 years; within one stage of applications for post-investment subsidies, an applicant may submit only one application within one support measure; an applicant must be the legal owner of the real estate and/or its components to be invested, etc. // 12.07.2023 - InfoMarket.
