Initiative of HUF 200B Launched to Boost Livestock Farm Development [Video]

Minister of Agriculture István Nagy has announced two significant calls for proposals aimed at bolstering the development of livestock farms until 2027 under the CAP Strategic Plan, with a combined budget of HUF 200B (EUR 509.6M).

These initiatives are pivotal in the government’s strategy to enhance the competitiveness of livestock farms and promote domestic livestock farming, which is recognized for its high added-value production.

The first call, with a budget allocation of HUF 150B (EUR 382.2M), targets larger and more complex projects aimed at advancing the infrastructure and capabilities of livestock farms. This funding opportunity allows investors to apply for grants ranging from HUF 200M (EUR 509K) to HUF 5B (EUR 12.7M), facilitating substantial improvements across the sector.

In parallel, the second call, with a budget of HUF 50B (EUR 127.4M), focuses on smaller-scale projects aimed at the renewal and modernization of livestock farms. Here, grants are available for investments …