The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country's agricultural sector. The New CAP Investment Strategic Plan, also known as the "Big Investment Plan," is the government's primary tool for strengthening the primary sector, especially as climate change presents new challenges.
The plan focuses on modernizing farms, improving crop protection infrastructure, embracing smart farming technologies, and enhancing greenhouse operations. A major innovation in the plan is the simplification of licensing procedures, making it easier for farmers to invest and expand.
Agriculture Minister Maria Panagiotou presented the plan, kicking off a consultation period with farmers and agricultural professionals that will run until February 28. The feedback gathered will help fine-tune the plan before final approvals in the first half of the year.
"From the very beginning, we recognized that our financial tools must be targeted, effective, and responsive to the real needs of farmers," Panagiotou said, emphasizing that this plan is the key to modernizing Cyprus' agricultural sector.
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