TIRANA, Oct 23 /ATA/- A fund of EUR 180 million is projected to be injected into Albanian agriculture through IPARD II program grants covering 50 to 70% of investment in the sector.
The Ministry of Agriculture and Rural Development announces that the IPARD II grant scheme is co-financed by the EU 75% (EUR 71 million) and the Albanian Government 25% (EUR 23 million) with an estimated support of approximately EUR 94 million during 2017-2023. It is the project with the largest budget ever allocated to Albanian agriculture.
The second call for applications in the IPARD II Program runs from October 30 until December 16, 2019.
EUR 57 million is the grant fund in this call, which will go to farmers for investment in agricultural farms, followed by investments in processing and marketing of agricultural products and investments in farm diversification or agrotourism.
/e.xh/j.p/sm/
