| Project Detail |
A sovereign loan (the Loan) to the Republic of Moldova, represented by the Ministry of Finance (the MoF) for the benefit of the Ministry of Agriculture and Food Industry (the MAFI), and (or) the National Agency for Land Improvement (the ANIF) to finance the rehabilitation of three key centralised irrigation systems (the Project). The Project aims to support the Moldovan Government in addressing priority investment needs, by enabling farmers access to water resources through irrigation. The investments are envisaged to be implemented by the MAFI, which will involve relevant state authorities and agencies. Project Objectives The Project aims to rehabilitate three key centralised irrigation systems in Moldova and expand the overall irrigated areas in the country. It is expected to involve the repair, modernisation, and construction of critical primary irrigation infrastructure with a focus on enhanced water and energy efficiency leading to measurable cost and CO2 savings. The Project would enable local farmers access to water resources helping them mitigate the adverse effects of exposure to potential droughts in Moldova improving climate resilience. The Project ultimately paves way to subsequent private investments in modern agricultural technologies and infrastructure along the value chain, including post-harvest processing and on-farm irrigation systems. |
