João Ponte announces approval of seven projects on the processing and marketing of agricultural products amounting to 8 million Euros
The Regional Secretary for Agriculture and Forestry announced today the approval of seven investment projects under the measure to support the processing, marketing and development of agricultural products, representing a total investment of 8.1 million Euros, of which 4.7 million Euros are public expenditure.
João Ponte spoke on the sidelines of a visit to the facilities of the feed company Motamix, located in the municipality of Ponta Delgada, one of seven projects now approved under PRORURAL+ programme.
The company, owned by a young entrepreneur from São Miguel, has a differentiated product that is tailored to the needs of Azorean farms geared to the production of dairy and beef cattle.
The compound feed is of great importance for the agricultural sector, essential to the operation of farms, provides a decisive contribution to the generation of a substantial part of agricultural income.