MONTENEGRO REG. DEVT.

closed

The proposed project is to assist in the development of the Socialist Republic of Montenegro, one of Yugoslavia's least developed Republics. The proposed project would represent virtually all of Montenegro's investment program for agriculture and forestry for the next five years. It includes: (i) primary production for the individual sector with subloans to individual farmers for livestock development, fruit and berry production, olive tree revitalization, winter and early spring vegetable production, and trout production; and (ii) primary production for the Social Sector including subloans to finance forestry development, fruit production, and trout production. The project further involves; (iii) support services and infrastructure through subloans for agricultural extension services, agricultural research, vocational training, veterinary services, the establishment of milk collection stations and cooperative centers, and a program of local road improvement and maintenance; (iv) rehabilitation and modernization of agroindustries including investments in a feed mill, a dairy plant, two slaughterhouses, a fruit processing plant, a medicinal herbs plant, and a small rural cheese plant. Finally, the project provides; (v) institutional development.