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HRK 157.3 m to be invested in development of forest areas, farm competitiveness

Author: Marija Bakula

ZAGREB, Feb 19 (Hina) - A total of 104 grant agreements for the development of forest areas and strengthening of farm competitiveness were signed on Wednesday, with grants totalling HRK 157.3 million.

104 beneficiaries received grants in the amount of HRK 157.3 million, with the total value of their projects amounting to more that HRK 300 million.

The projects are a part of the EU Rural Development Programme.

So far contracts have been signed for 77% of available funding from the Rural Development Programme and around 45% has already been paid out, which makes the programme the most efficient EU structural programme used by Croatia.

(€1 = HRK 7.445802)

(Hina) mb

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