Aim and Objectives

Transition to High Value Agriculture is one of the two Compact projects and aims at increasing incomes in the rural areas by encouraging high value agriculture and catalyzing investments into high value production.

According to the estimates, the Transition to High Value Agriculture Project will benefit about 29 000 farmers or over 112 thousand individuals, in particular farmers and owners of farmlands, agricultural enterprises and their shareholders, employees of agricultural enterprises operating in the areas covered by the rehabilitated centralized irrigation systems, the producers who grow or intend to grow high value products.

To this end the Transition to High Value Agriculture Project includes four distinct activities:

  -  Rehabilitation of the Centralized Irrigation Systems

  -  Irrigation Sector Reform

  -  Access to Agricultural Finance

  -  Growing High Value Agriculture Sales.

These activities are implemented in partnership with the Ministry of Environment, Ministry of Agriculture and Food Industry, Ministry of Finance, Apele Moldovei Agency, Credit Line Directorate. To achieve the project goals international companies are also contracted in a competitive process.

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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.