07 October, 2021
Minister of Agriculture, Forestry and Rural Development, Mr. Faton Peci together with the Minister of Local Government Administration, Mr. Elbert Krasniqi, signed today a memorandum of understanding with the General Director of Integrated Agriculture Technology Agency, Mr. Selim Erdem.
This memorandum of understanding, opens the road for further cooperation between the Republic of Kosovo and IATP-KOS and the investments that this investor intends to make in Kosovo. This investment aims to support the economic development of rural areas, investment in agricultural infrastructure and similar ones, by prioritizing the employment of young people, women and people with special needs in accordance with the Government Program 2021-2025.
This investment has a millions value and is planned to be realized for a period of three years in order to create 55 hydroponic greenhouses in 38 municipalities of the Republic of Kosovo. This project, is foreseen to employ a considerable number of citizens of Kosovo, among them 50% women, at least 30% young people and a considerable number of persons with special needs.
Given the strategic position of Kosovo and the potential it offers for economic development, Minister Faton Peci and Minister Elbert Krasniqi welcome all investors interested in investing in the Republic of Kosovo, in the agricultural sector and beyond.
Regarding this agreement, Minister Peci, Minister Krasniqi and Mr. Erdem have expressed mutual support for the realization of the objectives set out in this memorandum of understanding.