Activities

The major goal of this activity is to rehabilitate and ensure operation of up to 11 irrigation systems that will cover over 15 thousand ha of farmland in about 30 localities.

6 irrigation systems (Jora de Jos, Lopatna, Cosnita, Criuleni, Puhaceni, Roscani) are located in the Nistru River basin and other 5 (Chircani-Zirnesti, Blindesti, Grozesti, Leova de Sud, Cahul) are located in the Prut River basin.

The systems to be rehabilitated were selected by the Millennium Challenge Corporation depending on their efficiency in terms of economic rate of return.

This is for the first time that the Republic of Moldova implements such an activity, as no other international organization has invested so far in the irrigation infrastructure.

The rehabilitation of the irrigation systems will enable the agricultural producers to apply modern cultivation technologies, increase the agricultural production, increase threefold the incomes from growing fruit and vegetables, set higher prices due to available water for irrigation.

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Domestic fruits will be competitive on the European markets when modern storage and processing technologies will be applied
It is a member of the Association of Fruit Producers and Exporters „Moldova-Fruct” and one of the companies that are allowed to export fruit to Russia.
Interest rates on Compact loans have dropped
The annual interest rates on the Compact Credit Facility loans provided to participating banks revised in May 2012 will apply till August 31, 2012.
1 USD from Compact loans causes 1.74 USD to be invested in post-harvest infrastructure in Moldova
11 loans amounting to 2.94 million USD were provided by the end of May for investments in construction of cold storage and procurement of associated equipment for storing fresh fruit and vegetables and other investments in post-harvest infrastructure in Moldova.