“This is a new package of funds complementary to the existing ones with a separate budget, which follows the principles and rules of the State Aids”, the Director of Agricultural Policy and International Relations of the FSA, Kostas Baginetas, told APE-MPE.
The Ministry of Rural Development and Food will “throw” more than 500 million euros into the market for private investments in the agricultural sector, as part of the Recovery and Resilience Fund (TAA).
“This is a new package of funds complementary to the existing ones with a separate budget, which follows the principles and rules of State Aids”, the Secretary General of Agricultural Policy & International Relations of the FSA, Kostas Baginetas, told APE-MPE.
More specifically, in three of the Agri-Food Actions, a) “Innovation and Green Transition in the Processing of Agricultural Products”, b) “Modernization of the Primary Sector” and c) “Green Agritourism”, 410 investment projects were submitted, totaling approximately 825 million . euro.
At the same time, the process of submitting applications for three other Actions, related to the “Genetic Improvement of Animals”, the “Restructuring of Crops” and the “Strengthening of Aquaculture”, is underway, which will be completed in the next few days.
Beneficiaries of the above actions are both the Very Small, Small, Medium and Large Enterprises, which adopt directly or indirectly, contract farming, verticalization of the production process and tourism-primary production cooperation, as well as the Collective Schemes that deal with the primary sector, thus strengthening the achievement of the ministry’s main objective, namely the motivation for the creation of strong and sustainable agricultural collective schemes.
Applications for Agri-Food Actions are submitted through the digital portal of the Greek government gov.gr using an easy-to-use and reliable platform, which was designed and implemented for the needs of TAA’s Agri-Food Actions, by the Recovery Fund Project Management Service of the General Secretariat of Agricultural Policy and International Relations.
“The main objective of the Actions” as underlined by Mr. Baginetas “is the implementation of private investments oriented towards the green and digital transformation of businesses, the strengthening of their innovation and extroversion, thus participating in improving the competitiveness of the agricultural sector”.
Already, to date, in the Action “Innovation and Green Transition in the Processing of Agricultural Products” 27 investment project applications have been approved, with a total budget of 122,712,907 euros with a public expenditure of 62,722,538 euros respectively, within 6 months of their submission, while it continues with the evaluation of the other submitted plans is also proceeding intensively, expecting to be completed within January.
It is noteworthy that the first disbursements of investment funds, amounting to 25,250,266 euros, were completed in less than 10 days from the approval of the aid application, as the possibility of immediate receipt of public aid was ensured for the investors, through the financial tool of the advance payment.
Finally, the financial tool in question gives the option to the beneficiaries of the Actions to have 100% of the public support immediately at their disposal, in order to implement their investment plan quickly and efficiently
RES-EMP
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