A total of almost EUR 10 billion will be available for investments in agriculture between 2014 and 2020, according to Nicolae Popa, deputy director of the Agency for Funding Rural Investments.

“The available amount is of EUR 8.1 billion, plus the national co-financing of 20 percent, so we have somewhere around EUR 10 billion available to finance investments in agriculture,” said Popa, quoted by local Mediafax.

The procedure of submitting, evaluating and contracting projects will be simplified, with maximum 3 months between evaluation and contracting.

Irina Popescu, irina.popescu@romania-insider.com