The state set the goal of investing 3 billion lei in agriculture until 2030. This is provided in the National Agriculture and Rural Development Strategy for 2023-2030 that was approved by the Cabinet, IPN reports.
Following the exclusion of bureaucratic barriers, the rise in value added in agriculture and in labor productivity, the private investment is expected to increase to about 13 billion lei until 2030. This means the total value of investments in the agricultural sector will represent about 4.63% of the GDP, as opposed to 1.66% in 2020.
The achievement of the objectives set down in the strategy will enable to rehabilitate the centralized irrigation systems on an area of 30,000 ha, to increase animal production at farms by at least 50%, to apply good practices on an area of at least 150,000 ha of farmland, to increase exports of agrifood products by 15% etc.
Given Moldova’s aspiration to join the European Union, the National Agriculture and Rural Development Strategy is aligned with the Common Agricultural Policy. The European model is based on the principles of food sovereignty, sustainability, capacity to improve productivity and the competitiveness of the agricultural sector.
