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Fruit Garden of Moldova

Project Description
The Fruit Garden of Moldova Project is a credit line of the European Investment Bank for upgrading the horticultural sector in Moldova worth over €120 million. €12 million of them are earmarked for investments in the public infrastructure (horticultural education and training), while the other €108 million are intended for investments to be harnessed by private entrepreneurs. In addition, a €2.4 million Technical Assistance Project (TA) is supporting farmers and SMEs to access the credit line.
Specific Objective
The proposed operation will provide investment resources to a large number of micro-enterprises and SMEs. It is also expected to have a positive environmental and social impact. The proposed support to both the individual growers and the up and down-stream sector should allow for future revenues to be developed, ensuring the long-term viability of this strategically important sector for the economy.
Expected Results
The absorption of EUR 108 million for the private sector by Moldovan entrepreneurs and finally the restructuring of the sector in the country, by setting up modern multi-annual plantations of varieties and rootstocks adapted to the international market, developing the horticultural processing sector, implementing innovations, etc. With an amount of EUR 12 million for investments in the Technical University of Moldova, the State Agrarian University of Moldova, but also in the profile colleges, the project contributes to raising a new generation of technical specialists.
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PROJECT DETAILS
Moldova
Priority Area:
Partnership that creates
Subsector:
Agriculture and rural development
Topic:
Agriculture
Project Status:
Ongoing
Start Date:
01.07.2016
End Date:
31.07.2023
Implementing Organisation:
Project Implementation Unit under the Ministry of Agriculture, Regional Development and Environment

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