Business news from Ukraine

Business news from Ukraine

USAID Agro program increased grants for the expansion of elevator facilities in Ukraine to 380 million UAH

28 April , 2023  

The USAID Agro program has more than doubled grant co-financing for elevator capacity expansion projects, increasing it from UAH 185 million to UAH 380 million, which should allow for 20 projects, the program’s press service said Thursday.

“The USAID AGRO program increases … the number of potential co-financing projects from 10 to 20 to expand grain storage and drying facilities. This will allow participants in the grain market to compensate for the lack of capacity arising in Ukraine due to limited exports and complicated logistics,” the donor organization said.

It is assumed that the funds will be used to purchase equipment for the processing, drying and storage of grain, as well as the purchase of laboratory equipment to determine the quality of grain.

Applications for the third stage of the contest will be accepted until June 12, 2023 at 18:00 o’clock or until the money has been exhausted.