BUSINESS

EUR 60 M disbursed for irrigations

Following financial reallocations under the National Rural Development Program  (PNDR) the Ministry of Agriculture and Rural Development, via the Payment Agency for Rural Development and Fishing (APDRP), makes available to potential irrigation and melioration investors 60 M euro, according to a ministerial press release. The money will be available during Sept 3 – Oct 15, 2012, for Measure 125 – component of „Irrigations and other melioration works”. So far, for Measure 125 „Improvement and development of the infrastructure related to development and adjustment of agriculture and  silviculture”, APDRP chose 48 projects worth 62.21 M euro stipulating irrigation and infrastructure investments. The funds allotted under Measure 125 – component of the Sept 2012 session, represents the Romanian government’s contribution from the state budget, 20 pc, and that of the European Union, 80 pc.

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