IFAD to provide grants for road, irrigation infrastructure
09:47 | 31.05.2022 Category: Economic
Chisinau, May 31 / MOLDPRES /- IFAD Consolidated Programme Implementation Unit ( CPIU IFAD) has launched a new competition to receive applications for funding for infrastructure projects under the Talent Retention for Rural Transformation Project (IFAD VIII).
The project will co-finance investments in irrigation and road infrastructure.
The competitive grant offered by the project for irrigation infrastructure will be limited to three hundred thousand dollars (from IFAD funding sources) per qualified proposal, plus the Government contribution, and two hundred thousand dollars per proposal for qualified road infrastructure, plus Government contribution. All funding applications that successfully pass the pre-qualification stage will be admitted to the qualification and classification stage.
At the qualification and classification stage, all pre-qualified funding applications will be ranked, based on the results of feasibility studies. Funding applications will be ranked in descending order until all available funds for a given year are allocated. The applications that have accumulated the highest score will be selected for funding, until the full allocation of the amount provided in the budget for the year, for the year in which the infrastructure project is to be implemented. The list of selected projects will be recommended to the Selection Committee for approval of competitive grants under the infrastructure component.
The collaboration between the Republic of Moldova and the International Fund for Agricultural Development (IFAD) began in 1999. So far, the fund has supported in our country six projects and a program, the beneficiaries of which are over 130 thousand people. In Moldova, IFAD assistance aims to improve the income and living conditions of people in rural areas. The activities are aimed at smallholders, farmers, small-scale animal producers, rural women, young people from different parts of the country, etc.
Photo: CPIU IFAD