AGRICULTRE MACHINERY

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The Agricultural Machinery Project for Colombia will assist in financing the importation of agricultural machinery to promote farm mechanization as a tool to stimulate agricultural development. Currently, there is a scarcity of farm labor and production costs are high. The project will resolve this problem by importing agricultural machinery to increase total production, reduce imports, and expand exports. Its components are: 1) construction of farm machinery repair and maintenance centers; 2) procurement of heavy tractors and equipment; 3) procurement of medium tractors and equipment; 4) purchase of light tractors and equipment; 5) purchase of miscellaneous and processing machinery; and 6) procurement of animal drawn implements and small equipment. These new additions will mechanize farms in order to promote agricultural production and development.