In his statement on January 16, 2024, Minister of Agriculture and Forestry İbrahim Yumaklı announced that 282 million lira grant support will be provided to 768 projects in the livestock and food processing sectors.
Minister Yumaklı stated that they provided grant support to support rural development and create employment and said, “Our livestock and food processing sectors have an important place for our country's economy. “We are working to support these sectors, increase the welfare of our citizens living in rural areas and ensure our food security.” said.
Projects that will benefit from grant support include livestock farms, milk and dairy products facilities, meat and meat product facilities, beekeeping and sericulture facilities. Stating that grant support can reach up to 70 percent of the total cost of the projects, Minister Yumaklı said that producers who want to benefit from the support can apply to the Ministry of Agriculture and Forestry until February 1, 2024.
The Importance of Grant Support
Livestock and food processing sectors have an important place for the Turkish economy. Increasing the efficiency and strengthening the competitiveness of businesses operating in these sectors will contribute to the country's economy.
Grant support is an element that will encourage businesses operating in these sectors to invest and use new technologies. In this way, the efficiency of the sectors will increase and the competitiveness will be strengthened.
Additionally, grant support will support rural development by creating employment. Businesses operating in these sectors will create new employment areas and increase the welfare of citizens living in rural areas.
The 768 million lira grant support to be provided to the livestock and food processing sectors is an important step that will contribute to the development of these sectors and the country's economy. Grant support is expected to strengthen the competitiveness of sectors by increasing their productivity and support rural development by creating employment.