North West agricultural services project

2. North West Agricultural Services Project



 

Shirak, Aragatsotn and Lori marzes are among the most vulnerable regions of Armenia. For this reason, IFAD extended its investment in these three marzes, aiming to contribute to the improvement of living standards and food security of the rural population. Project investments were directed to the promotion of private production, specifically, seed production and livestock sector.

Rehabilitation/construction of irrigation network was implemented as well, which led to about 7000 hectares of land being irrigated again. Support was provided to water users associations so that they were able to fully manage internal irrigation systems. Through ACBA, short-term loans were provided under the project to around 10,000 farmers who were members of village associations of the communities involved in the project.

 




Loan                       # - I-561-AM 
Total project cost     USD 20.4 million

IFAD loan                USD 15.5 million 
Effective from          26/04/2001




More ...



Video Blog
Publications
Workshop10:5422.01.2016Ms Khalida Bouzar, Director of the Near East, North Africa, Europe and Central Asia division in...
20 Year Collaboration between the IFAD and the Republic of Armenia Continues09:4704.11.2015Recently the National Assembly of Armenia ratified the loan agreement for the new Infrastructure...
News
11:3808.06.2018
CONVERSE BANK TO PROVIDE SUBSIDIZED LOANS FOR ESTABLISHMENT OF ORCHARDS, ANTI-HAIL NETS AND DRIP IRRIGATION SYSTEMS11:0009.02.2018RA Deputy Minister of Agriculture Ashot Harutyunyan, Converse Bank's Corporate Business Director...
SUBSIDY PROGRAMS FOR INTENSIVE ORCHARDS, ANTI-HAIL NETS AND DRIP IRRIGATION SYSTEMS LAUNCHED15:3929.01.2018Deputy Minister of Agriculture Ashot Harutyunyan, Deputy Chief Executive Officer of ACBA-Credit...
STATE SUPPORT PROGRAM FOR AGRICULTURAL MACHINERY LEASING IN ARMENIA APPROVED16:4225.04.2017The government has approved the State Support Program for Agricultural Machinery Leasing in the...
AGRICULTURAL LENDING PROGRAM TO BE CONTINUED16:1831.03.2017Spring sowing has already begun in the villages, and the Ministry of Agriculture calculates the...







Exchange Rates
USD-482.59
EUR-543.30
RUB-8.53