Financiamiento para impulsar el crecimiento del sector vitivinícola

The Secretary of Industry and Productive Development, Juan Pazo, announced new financing lines for Water Efficiency and leasing to acquire used agricultural machinery; he also announced that the Ministry of Economy, along with BICE, is working on a project for a wine bottle warrant in guarantee. The National Government will offer a new investment line for Water Efficiency for wine producers and wineries with up to 5 years for projects that improve water conservation. These loans are aimed at investments aimed at the waterproofing of channels and canals; the purchase of capital goods, irrigation equipment and pumps. In addition, they apply to investments for the purchase of tractors, anti-hail nets, modernization of plants and general equipment. With the aim of responding to the needs of all the industries in our country, through BICE a novel tool was also launched: the leasing of used agricultural machinery with a term of 4 years, and Badlar rate +4% with a cap of 105% during the entire operation.