The volume of investments in Moldova’s agriculture increased by 22%

 Объем инвестиций в сельское хозяйство Молдовы вырос на 22%

The volume of investments in Moldova’s agriculture in 2018 increased by 22% and exceeded 6 billion lei ($346,5 million). As the “INFOTAG”, this was announced at a press conference on Thursday the Minister of agriculture, regional development and environment, Nicolae Ciubuc, presenting a report on the activities of the Ministry in the past year.

According to him, the increase in investment due to government programs and external support has led to increased demand for state subsidies, which was requested more than 1 billion lei (two-thirds for investment in the purchase of post-harvest equipment and agricultural machinery),according to”the Growth is due to the fact that farmers have begun to understand the importance of investing, without which it is impossible to create an efficient and competitive sector. For the first time recorded such a big demand for grants, which again shows the interest of farmers to invest and about the positive dynamics of development of the sector”, – said Shank.He said that this year about 7.4 thousand farmers have applied to the Agency for interventions and payments in agriculture (AIPA) to obtain the subsidy, a quarter more than last year.The Minister said that the total volume of agricultural production increased by 12%, export – by 15.5%, more than 50 million people received access to sanitation and water supply, and through various projects to support entrepreneurship in the field of agriculture there are about 60 companies.According to the report, in the framework of the project “Gardens of Moldova”, designed for 2016 to 2022. farmers provided about 9.8 million euros in the form of loans on favorable terms. This is the first year the credit is available not only on the development of perennial plants, but also vegetables.More than 30 regulatory documents are in conformity with the provisions of the Association Agreement RM-EU and measures of strengthening the institutional capacity of the institutions subordinate to the Ministry. This became possible thanks to the European program of development of agriculture and rural areas in the European neighbourhood countries (ENPARD) and various technical projects.