Republic of Moldova to receive loan of about 976 million lei from Japan to invest in agricultural modernization
The Republic of Moldova and Japan signed the Agreement, through an exchange of notes, between the Government of the Republic of Moldova and the Government of Japan on the provision of a loan for the implementation of the Modernization of Agricultural Machinery and Equipment project (MAME, Phase II). The document was signed today by Deputy Prime Minister, Minister of Foreign Affairs Mihai Popșoi and Japan’s Ambassador to Chișinău Takeuchi Kazuyuki.
According to the Ministry of Foreign Affairs, the Government of Japan will make available to the Republic of Moldova, based on an agreement with the Japan International Cooperation Agency (JICA), a loan of up to 8.678 billion Japanese yen (approximately 976 million lei), intended to modernize the agricultural sector.
The project will facilitate access for agricultural producers, particularly small and medium-sized enterprises, to modern machinery and equipment, contributing to increased productivity, reduced production costs, and improved competitiveness in the agricultural sector. At the same time, the initiative will support the development of sustainable agriculture adapted to current challenges.
"Japan is a trusted partner of the Republic of Moldova, and the support provided over the years is reflected in concrete projects with a direct impact on the development of our country. Through this agreement, we are taking another step toward modernizing agriculture by providing farmers with access to advanced technologies and equipment. We appreciate Japan’s consistent contribution and wish to further strengthen this partnership for the benefit of our citizens," said Mihai Popșoi.
The MAME project, Phase II, will be implemented through the Agency for the Development and Modernization of Agriculture (ADMA), in cooperation with the Japan International Cooperation Agency (JICA).
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