[Assimilation of SAPARD supports investment in agricultural holdings]. [English]
2004
Ciuleviciene V. | Ciulevicius J. | Kripaitis R.
Collection of applications for SAPARD support was started in Lithuania at the end of 2001. At present SAPARD support is used according to 8 priority trends that are provided by the Lithuanian Agricultural and Rural Development programme, of which the first trend is "Investment in Agricultural Holdings". After 5 stages of the use of SAPARD support the number of applications by the trend "Investment in Agricultural Holdings" is 387. This makes 41.7% of total number of applications to all trends of SAPARD support, and 26.8% of the total volume of support, required according to all trends. Average sum of one contract in the trend "Investment in Agricultural Holdings" reaches 543 thousand Lats, 57 projects have not been approved. The main reason of refusal of applications - the application does not meet the criterion of economical vitality, set by the Ministry of Agriculture. 70 per cent of applications have been refused because of this reason.
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