
Fruit Garden of Moldova
Project Description
The Fruit Garden of Moldova Project is a credit line of the European Investment Bank for upgrading the horticultural sector in Moldova worth over €120 million. €12 million of them are earmarked for investments in the public infrastructure (horticultural education and training), while the other €108 million are intended for investments to be harnessed by private entrepreneurs. In addition, a €2.4 million Technical Assistance Project (TA) is supporting farmers and SMEs to access the credit line.
Specific Objective
The proposed operation will provide investment resources to a large number of micro-enterprises and SMEs. It is also expected to have a positive environmental and social impact. The proposed support to both the individual growers and the up and down-stream sector should allow for future revenues to be developed, ensuring the long-term viability of this strategically important sector for the economy.
Expected Results
The absorption of EUR 108 million for the private sector by Moldovan entrepreneurs and finally the restructuring of the sector in the country, by setting up modern multi-annual plantations of varieties and rootstocks adapted to the international market, developing the horticultural processing sector, implementing innovations, etc. With an amount of EUR 12 million for investments in the Technical University of Moldova, the State Agrarian University of Moldova, but also in the profile colleges, the project contributes to raising a new generation of technical specialists.
Beneficiaries

Helping farmers to finance their investments

Assisting returnees to invest in their home country

Providing investment partnerships for Moldovan companies

Lifting the wine industry in Moldova to a higher level

Helping Moldovans to harness investment opportunities in growing lavender and making lavender products

Extending Business Development Support (BDS) to SMEs to enable them access finance

Rejuvenating old orchards and transforming land from arable crops to plantation crops

Technological consultancy to support investment financing

Environmental benefits from EIB-financed investment loans for the private sector

Supporting Made-In-Moldova food products

Supporting investments into renewable energies

Expediting the establishment of modern orchards

Financing the production of wine and spirits

Supporting certified organic horticulture

Modernising Moldova’s walnut subsector

Helping Moldova to substitute vegetable imports

Developing the Moldova’s table grape production

Supporting public investment into Moldova's agricultural colleges

Investing into the Agricultural State University of Moldova

Making the Technical University in Moldova become the key for education and research in horticulture processing
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PROJECT DETAILS
Moldova
Priority Area:
Partnership that creates Subsector:
Agriculture and rural development Topic:
Agriculture Project Status:
Completed Start Date:
01.07.2016 End Date:
31.07.2023 Website:
www.livada-moldovei.md