Alexa
  • Directory of Taiwan

Gov't to subsidize farm machine purchases and replacement

Gov't to subsidize farm machine purchases and replacement

Taipei, Oct. 30 (CNA) Taiwan's Council of Agriculture (COA) on Friday said it encourages farmers to purchase new farm machines and replace old ones, by taking advantage of the Cabinet's subsidy program to stimulate the economy. The Council of Agriculture announced on Friday that it has decided to set aside an additional NT$200 million (about US$6 million) to help farmers upgrade their equipment. Between Nov. 7, 2015 and Feb. 29, 2016, farmers can submit applications to the council for subsidies of up to NT$40,000 for the purchase of transportation equipment, automatic sprayers, tea harvesting machines, digging machines, weeders, and grain or vegetable processing machines, Vice Minister of Agriculture Chen Tze-ching (???) said Friday. He added that by subsidizing farming equipment purchases, the COA believes farmers will enhance their operations and increase the agricultural sector's annual production value by NT$1.5 billion.
Lee Chang-lang(???), director of the COA's Agriculture and Food Agency, said that some of the 120,000 farm machines now in use should be replaced. He added that the government subsidies will help farmers with a tight budget replace their old equipment and improve their operations. The COA's program is part of the government's short-term consumption boosting plan to stimulate Taiwan's sluggish economy. (By C.W. Chen and Lillian Lin)


Updated : 2021-09-24 00:14 GMT+08:00