2.2 C
Bucharest
January 28, 2021
BUSINESS

PNDR 2007-2013 to be the first programme in Romania to record almost 100 pct absorption rate

The National Programme for Rural Development (PNDR) 2007-2013 will be the first in Romania to get close to the 100 per cent absorption rate by the end of 2015, in the context in which the absorption rate has already reached up to 83 per cent in the case of this programme, Minister of Agriculture and Rural Development, Daniel Constantin (photo), told a press conference about the launch of the first measures as part of the new PNDR.
According to the data provided by the Rural Investments Financing Agency (AFIR), the total payments made up to this point via the PNDR 2007-2013 exceeded 7.4 billion euros for investment projects and the settlement of direct payments to farmers, while Romania has reached a total 83 per cent absorption rate of European funds available for agriculture and rural development.
The programme provided non-reimbursable European funds for a total of 2,597 farms and more than 73,000 farmers. Moreover, the programme funded 3,133 SMEs operating in the non-agricultural sector in the rural area, considered as ‘the safety net’ of the national economy. Part of the measure 123 – ‘Growth of agricultural and forestry products added value’, the programme also sponsored 1,011 processing units.
According to the AFIR, more than 3 million people benefited from the infrastructure building and the renovation and development of villages financed via the measure 322 – ‘Renovation and development of villages’, as there were built 3,862 km of roads and 2,900 km of water and sewer networks.
Also, while referring to the same time span, as part of measure 122 – ‘Setting-up of young farmers’, financing agreements worth more than 329.11 million euro were signed, with 13,446 young farmers, total payments so far exceeding 278.9 million euros.
AFIR also concluded 2,593 funding agreements for investment projects in agricultural exploitation worth more than 794.1 million euro, under the measure 121 ‘Modernization of agricultural holdings.’ Payments made so far reach up to 565.5 million euros.

 

Related posts

Romania’s country brand needs revamping

Test

IMF: Franks and Szekely to meet the new Cabinet this week

Nine O' Clock

“Buy Now Pay Later” fintech Mokka enters Romania

NINE O'CLOCK