April 3 (SeeNews) - Bulgaria will invest close to 100 million levs ($55.2 million/51.1 million euro) in irrigation systems with EU support under operational programme Rural Development 2014-2020, the agriculture ministry said on Friday.
The funds will be used for the reconstruction and modernisation of irrigation networks according to the identified needs, the agriculture ministry said in a statement.
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Some 45.4 million euro of the total is intended to finance projects proposed by state-owned Irrigation Systems company. The remainder is intended to finance projects of privately held companies and associations of irrigation system operators.
The deadline for submitting projects for approval is July 3, 2020.
(1 euro = 1.95583 levs)