Presevo, Bujanovac, Medvedja – The Department of Agricultural Payments announced the third public invitation for the allocation of resources under the IPARD funds.

Covered are the sectors of milk, meat, fruits and vegetables and other crops, while the subject of the public call are investments in physical assets and the eligible costs associated with the construction and purchase of new equipment, machines and devices, with the exception of  investments in the purchase of new tractors.

The deadline for submitting applications is January 9, 2019, while the total resources available through this public call are approximately 25.5 million euros (3,015,976,278.00 dinars).

The incentives range from 60 to 70 percent of eligible costs of the investment, depending on whether the applicant is a young farmer and whether the farm is located in a mountainous area.

The amounts of incentives that can be obtained in the fruit, vegetables and other crops sectors may range from 5,000 to 700,000 euros, and in the milk and meat sectors from 5,000 to one million euros.

Only one application for the approval of projects may be submitted at this public invitation, which may include one or more investments from the list of eligible ones.

Source: New Economy and Coordination Body