29/05/2015

€2bn Rural Development Programme Secured

A €2 billion Rural Development Programme has been announced by the European Commission for Ireland until 2020, under the revised Common Agriculture Policy (CAP).

It is believed that the development programme will stimulate jobs growth and support rural community development projects, while also co-funding the ongoing roll out of rural broadband projects.

The RDP 2014-2020 is also designed to support young farmers, modernise farming practices, protect the environment and help rural businesses to develop.

Welcoming the news, Fine Gael Louth TD, Peter Fitzpatrick, praised the European Commission’s endorsement of Ireland's multi-billion Rural Development Programme (RDP): "This significant EU funding will act as a catalyst for renewed economic, infrastructural and social growth, in rural areas of Louth, and across the country into 2020.

"It is a major investment in the future prosperity of rural Ireland, supporting innovation and farm modernisation, enhancing environmentally friendly land management on one million hectares of farmland and regenerating our rural communities in Louth.

"The RDF funding will complement existing financial supports for small businesses in rural areas, available from the Local Enterprise Offices (LEOs) and also community development organisations."

(MH)

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