Program on “State assistance for establishment of vineyards, intensive fruit gardens and berry orchards cultivated with modern technologies in the Republic of Armenia"

The goal of the program on “State assistance for establishment of vineyards, intensive fruit gardens and berry orchards cultivated with modern technologies in the Republic of Armenia”, through promotion of garden-setting in Armenia, is development of fruit growing and viticulture, increase of volumes of grape, fruit and berry production, replacement of imported fruits and berries, and increase of exportation volumes.

It is envisaged to support the establishment of gardens at the expense of the state budget of the Republic of Armenia by using, at the beneficiary’s discretion, any of the following options:

1) Subsidize the interest rate on loans for establishment of gardens and costs for the first year of care,

2) Reimburse the costs incurred by beneficiaries for establishing gardens excluding the costs for the first year of care.

Option 1: Loan interest rate subsidy

The subsidized loans, according to the RA Government Decree No.175-L of February 11, 2021, will be available to beneficiaries until December 31, 2021, at 0% interest rate, with 8 years of repayment term and 5 years with preferential terms. The maximum loan amount is up to 2.5 billion AMD.

Loans are provided for vineyards, intensive fruit gardens, and berry orchards of the size from 0.5 to 100 hectares.

Option 2: Compensation of costs

The compensation of costs is processed at the following limit by providing all beneficiaries with 50% of the capital costs incurred (excluding the costs for the first year of care).

The compensation is provided for vineyards, intensive fruit gardens and berry orchards of the size from 0.5 to 10 hectares.

Beneficiaries, with the expectation of receiving compensation under this Project component, before establishing their gardens shall apply to the Ministry either electronically or in writing and provide supporting information on the garden’s location, size, and type, as well as relevant calculations of the garden-setting costs.

The application for compensation and required documents can be submitted via email to secretariat@mineconomy.am.

Detailed information on the program can be requested from:

Department of Agricultural Extension, Innovation and Monitoring, 011 597 254, 011 524 610, and Agricultural Programs Implementation Department, 011 530 333, 011 597 184.

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