World Bank to finance new project in agricultural sector of Moldova

16:19 | 25.07.2022 Category: Economic

Chisinau, 25 July /MOLDPRES/ - The World Bank will finance in Moldova a new project in the agricultural sector, in order to enhance the sector’s competitiveness and resilience, as well as to diversify sales markets. In the context of the final negotiations with the Bank’s representatives, the priority directions of financing were defined at the headquarters of the Agriculture and Food Industry Ministry (MAIA) today.

Minister Vladimir Bolea stressed that priority was to rehabilitate the primary and secondary infrastructure of irrigation. ‘’It is quite necessary to extend the irrigated agricultural areas and make the transfer of knowledge on the technologies and practices of waters’ saving,’’ the official said.

Other activities due to be financed through the project are: modernization of food products’ safety system; creation of farmers’ register and development of value chains.

The project’s estimated value is of 55 million dollars.

Photo: MAIA

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