“The more than EUR3 billion attracted by Romania through this program means the absorption rate is over 30% of the total EU funds available for rural development,” says an APDRP press release.
The program’s total allowance is EUR7.01 billion. Around EUR15 billion have been requested through 89,314 applications. APDRP has selected 47,698 projects that will receive financing of a total EUR4.41 billion.
So far, the agency has signed financing contracts with 36,417 beneficiaries, for EUR4.1 billion.
For “farm modernization,” ADPRP received 6,116 applications; 2,033 projects were selected, worth EUR826 million. The agency made payments of more than EUR279.47 million.
The investment objective “improving the added value of farming/forest products” was targeted by 1,986 beneficiaries, who signed 902 financing contracts for more than EUR711 million. The agency paid over EUR168.47 million.
For “village renovation and development,” the agency received 3,039 financing applications and the total allowance available until 2013, EUR1.57 billion, was exceeded almost five times. So far, 618 projects have been contracted, worth a total EUR1.53 billion, of which EUR334.72 million have been paid.
“Support for micro-enterprise creation and development” attracted 6,553 applications; 2,158 projects were contracted for a total EUR290 million.
“Encouraging tourism activities” attracted EUR1,697 financing requests; 906 projects were contracted for a total EUR155 million.
The agency received 10,655 requests for “installing young farmers,” of which 5,639 projects have been contracted, worth more than EUR115 million.
Also, 18 applications for a total EUR2.6 million were submitted for “the first afforestation of farming land.”