Romania will set aside €10 billion for investments in agriculture

The Deputy Director of the Romanian Agency for the Rural Investment and Financing, Mr. Nicolae Popa, announced investments in agriculture for an amount of €10 billion for the period 2014 - 2020.

The available amount is €8.1 billion from the European Union plus a national co-financing of 20%, so some €10 billion will be reached for financing the investment in agriculture.

The procedure for the presentation and evaluation of the projects will be simplified, with a maximum of 3 months between the approval and the signing of the contract.

The aids will be available for the different measures of the 2014 - 2020 programme: from the development and modernisation of farms, the processing of agricultural products, rural infrastructures, forest paths, agricultural paths, irrigation, young farmers, familiy agriculture and small farms.