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IPARD II Program – Funding benefiting farmers and sectors

IPARD II Program – Funding benefiting farmers and sectors

There are three measures (or sectors) that support the IPARD II Program for Agriculture.

The total funding of this program for the first call amounts to € 50.3 million, of which € 21.6 million is for the first installment (farm investment) € 20.3 million for the second installment (investment for processing and trading) and € 8 million for rural diversification.

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Grigor Gjechi, Director of Development Policies at the Agricultural Department, said in an interview with ATSH that the financing measures are: Investment in the farm, with a minimum of 10 000 EURO and a maximum of 500 000 EURO. The percentage of support is 60% of total eligible investment costs, 65% if investment is made by a young farmer (under 40), 70% for investments in mountainous areas.

Investment for the processing and marketing of agricultural and livestock products, with a minimum of 25 000 EURO and a maximum of 2 000 000 EURO. The percentage of public funding is 50% of the total eligible expenditures of the investment.

Investment in the diversification of the economy in the village, with a minimum of 10 000 EURO, maximum 400 00 EURO. The percentage of public funding is 65% of the total eligible expenditures of the investment.

The IPARD II program, considered as a golden opportunity for farmers as announced by the Ministry of Agriculture and Rural Development, is expected to open the first call for at least two months. This means that from 30 November to 30 January 2019, applications from the Agency for Agriculture and Rural Development may be submitted to benefit from the measures provided. 

News Source: ATA

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