TIRANA, Feb 7 /ATA/ The Agency for Agricultural and Rural Development (ARDA) has completed the drafting of the IPARD III program that addresses grants in support of the agricultural sector, a financing of Albanian government and the European Union.
ARDA announces that the drafted program has been sent to the structures of the European Commission for approval to pave the way for implementation as soon as possible.
The IPARD III program is in the follow-up to IPARD II program and is designed to include 5 new measures with a budget 50% higher than IPARD II, which had a fund of 94.6 million euros.
The program will finance through grants projects at a cost ranging from 10,000 euros to 400,000 thousand euros. IPARD III will finance 65% of the project cost.
On January 10, ARDA opened the 4th call for Measure 7 of the IPARD II program, for the Rural and Nature tourism sectors as well as handicrafts and manufacturing industry. The application deadline ends on February 25. The total grant fund will be 5.2m euros.
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