More than 60% of the investment projects supported within the program to attract remittances to the economy PARE 1+1 are agricultural ones. The projects from this sector are almost all eligible. The experts of the Organization for the Development of Small and Medium-Sized Enterprises help the applicants to start a business that will be most profitable, the Organization’s director Iulia Iabanji said in the program “Dialog” on Agro TV Moldova channel. She noted that PARE 1+1 was extended until 2018, while the money is provided by the EU as a grant after the investment projects are implemented and monitored, IPN reports.
“In 2015 the applicants submitted projects to the value of 42 million lei. We stopped temporarily the reception of applications and started to amend the budget. We managed to increase the budget from 30 million lei to 42 million lei to support 98 investment projects,” stated Iulia Iabanji.
The program is based on the ‘first come – first served” principle. “However, the training component is mandatory here. The applicants must prove that they worked abroad and then must attend a 10-day training course as the persons who were abroad do not know the legislation, the rules of the game in the business sector and other business aspects. Some 62% of the projects within PARE are agricultural investment projects. The projects from agriculture are practically all eligible. We lay emphasis on intensive agriculture, on the more profitable areas,” said the director of the Organization for the Development of Small and Medium-Sized Enterprises.
She also said that the 612 projects to the value of 115 million lei accepted so far include many interesting ideas inspired from the countries where the migrants worked. “50% of the applicants are from Italy. For example, there was set up a farm for growing snails. Now, after three years, it is a successful business that exports snails to different countries. A group of gourmands was created in the country and the owner is asked to open a specialized restaurant. There are also two successful farms that grow snakes for their venom and 12 chinchilla farms. There were developed many recreational places in different districts and the population already wants to vacation in the country,” stated Iulia Iabanji.
Recently, the surveillance committee of the PARE 1+1 program decided to start to collect applications for financing for 2016. Within the program, the state provides as a grant one leu per each leu invested in the economy from remittances.
