{"id":444870,"date":"2017-11-14T15:09:39","date_gmt":"2017-11-14T15:09:39","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=444870"},"modified":"2017-11-14T21:32:20","modified_gmt":"2017-11-14T21:32:20","slug":"eib-provides-moldova-loan-120-million-euros-development-horticulture","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/eib-provides-moldova-loan-120-million-euros-development-horticulture\/","title":{"rendered":"EIB offers Moldova a loan of 120 million euros for the development of horticulture"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>The European Investment Bank offers our Moldova a loan of about \u20ac120 000 000 to restructure the value chain of the horticultural sector. The beneficiaries are over 300 economic agents and over 52 thousand peasant households, who will be able to access the money within the &#8220;Livada Moldovei&#8221; project, organized by the Ministry of Agriculture, Regional Development and Environment.<\/p>\n<p>The project will be implemented by 2021 and aims at rehabilitating the horticultural sector by means of technology and mechanization of primary production processes in horticulture, endowment with irrigation and anti-hail systems, modernization of processing processes and diversification of Moldovan fruit market.<\/p>\n<p>The minimum investment allocation is 5000 euro. Loans of up to \u20ac5 000 000 can be accessed.<\/p>\n<p>The credit term is up to 10 years with a grace period of up to 4 years. The interest rate is a competitive one, about 5-6% for foreign currency loans.<\/p>\n<p>The horticultural sector occupies a very important place in the country&#8217;s economy. This area accounts for about 14% of the export revenue, surpassing other sectors, which will increase the competitiveness of Moldovan products on the European markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>The European Investment Bank offers our Moldova a loan of about \u20ac120 000 000 to restructure the value chain of the horticultural sector. The beneficiaries are over 300 economic agents and over 52 thousand peasant households, who will be able to access the money within the &#8220;Livada Moldovei&#8221; project, organized by the Ministry of Agriculture, [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":444871,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[35],"class_list":["post-444870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-important"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>The European Investment Bank offers our Moldova a loan of about \u20ac120 000 000 to restructure the value chain of the horticultural sector. The beneficiaries are over 300 economic agents and over 52 thousand peasant households, who will be able to access the money within the &#8220;Livada Moldovei&#8221; project, organized by the Ministry of Agriculture, Regional Development and Environment.<\/p>\n<p>The project will be implemented by 2021 and aims at rehabilitating the horticultural sector by means of technology and mechanization of primary production processes in horticulture, endowment with irrigation and anti-hail systems, modernization of processing processes and diversification of Moldovan fruit market.<\/p>\n<p>The minimum investment allocation is 5000 euro. Loans of up to \u20ac5 000 000 can be accessed.<\/p>\n<p>The credit term is up to 10 years with a grace period of up to 4 years. The interest rate is a competitive one, about 5-6% for foreign currency loans.<\/p>\n<p>The horticultural sector occupies a very important place in the country&#8217;s economy. 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million euros for the development of horticulture - Moldova.org<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moldova.org\/en\/eib-provides-moldova-loan-120-million-euros-development-horticulture\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Arina Livadari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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