Support for drip and sprinkler irrigation systems and water reservoirs

Do I qualify?

Individuals, sole proprietors and companies (communities too, for reservoirs) irrigating at least 0.5 ha. Reservoirs: 1,000 to 100,000 m³. For leased land, a lease of at least 6 years. The system must be new and factory-made.

What you get

Cost-sharing: 50% of the cost (60% on land with above-norm water demand). Maximum eligible cost per hectare: AMD 2.3 million for drip, 2.6 million for sprinklers. Mobile systems: 50%, up to AMD 7.5 million per unit and AMD 75 million in total. Or a loan where the state pays 12 percentage points (14 for border communities, cooperatives and combat-disabled persons; 13 for farmers aged 18–35 or 63+), 4-year term with up to 1 year's grace.

Deadline

• Closes: 31 December 2026
• The program runs 2021–2026. Apply before you start the works. There is no decision or draft yet on a 2027 continuation. Existing borrowers whose grace period ends by 31 July 2027 can get +1 year of term and +1 year of grace if they apply to their bank by 1 November 2026.

How to apply

1. 1For cost-sharing: apply to the Ministry of Economy before the works begin (electronically, on paper, or on benefits.mineconomy.am after identification on the «EsEm» (MyID) platform).
2. 2For the loan: apply to a partner bank before the works begin.
3. 3After the works, submit the documents to receive the payment. You must use the system for 4 years.

Help me apply

Use the checklist above, call the contact, or ask a partner bank to call you back.

Apply through these banks and organizations

• ACBA Bank (Acba bank OJSC)+374 10 31 88 88
• AgroLeasing+374 60 44 60 06
• Ameriabank+374 10 56 11 11
• AMIO Bank
• Araratbank+374 10 59 23 23
• Ardshinbank
• Armeconombank (AEB)+374 10 56 33 32
• ArmSwissBank
• CARD AgroCredit UCO+374 60 44 05 52
• Converse Bank
• Development and Investment Corporation of Armenia (DICA)
• Evocabank
• Farm Credit Armenia (UCO commercial cooperative)+374 10 55 08 31
• Fast Bank+374 10 510 000
  • Simple Agro loanRate 19% · APR 20.75–20.81%
• Inecobank
• Unibank

Rates as published by the institution, before any state subsidy. The APR (annual percentage rate) includes fees. Check the current terms with the institution.

Contact

• Ministry of Economy hotline: 81-40. Agricultural advisory department: +374 11 597 254, +374 11 523 411.
• https://mineconomy.am/

Official sources

Information checked on 8 October 2026. Reliability of this information: High — from the official decision