Agricultural Projects Financing Program
The Agricultural Projects Financing Program is a financing program offered by Qatar Development Bank (QDB). It aims to support Qatar-based companies operating in the fields of natural and industrial agriculture activities.
What the program can cover?
The program can cover all key project components, including:
- Housing Hangar for agriculture production
- Management systems
- Energy and water supply
- Waste management systems
- Slaughterhouses and storage Where applicable
- Raw materials and required equipment
- Processing and packaging Industrial farming projects
What the program can cover?
Frequently Asked Questions
What is Agricultural Projects Financing Program?
The Agricultural Projects Financing Program is an Islamic financing program offered by QDB to support Qatar-based companies operating in the agriculture sector.
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Who can apply for this program?
All Qatar-based companies licensed to operate in agricultural activities are eligible to apply, subject to compliance with regulatory and technical requirements.
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What types of agricultural projects are supported?
Program Scope and ISIC Classification
The program supports both “natural” agricultural projects licensed by the Ministry of Environment and Climate Change and “industrial” agricultural projects licensed by the Ministry of Commerce and Industry, in accordance with QDB’s project classification.
Description of “natural” and “industrial” agricultural projects according to the UN’s International Standard Industrial Classification (ISIC), which categorizes economic activities:
Natural – Division 01: Crop and Animal Production, Hunting and Related Service Activities
- 011 - Growing of non-perennial crops
- 012 - Growing of perennial crops
- 013 - Plant propagation
- 014 - Animal production
- 015 - Mixed farming
- 016 - Support activities to agriculture and post-harvest crop activities
- 017 - Hunting, trapping and related service activities
Natural – Division 03: Fishing and Aquaculture
- 031 - Fishing (capture fisheries)
- 032 - Aquaculture
Industrial – Division 10: Manufacture of Food Products
- 101 - Processing and preserving of meat
- 102 - Processing and preserving of fish, crustaceans and mollusks
- 103 - Processing and preserving of fruit and vegetables
- 104 - Manufacture of vegetable and animal oils and fats
- 105 - Manufacture of dairy products
- 106 - Manufacture of grain mill products, starches and starch products
- 107 - Manufacture of other food products
- 108 - Manufacture of prepared animal feeds
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What project costs can be financed?
QDB finances eligible “natural” agricultural project components, including equipment, infrastructure, utilities, raw materials, and installation; and “industrial” projects such as processing and packaging components.
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How much financing can a company receive?
QDB can finance up to 80% of the approved project cost.
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How is the total project cost evaluated?
The total project cost will be evaluated by QDB’s specialized team in accordance with existing processes.
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What are the profit rates?
The profit rate is 1% for natural agricultural projects and ranges between 3% and 5% for industrial agricultural projects.
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What is the maximum financing tenor?
The financing tenor can extend up to 15 years, including a grace period of up to 3 years.
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How is the financing disbursed?
Financing is disbursed directly to suppliers or vendors, subject to submission of the required documents and confirmation of project progress.
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How are projects approved?
Projects are approved in accordance with QDB’s internal delegation of authorities and require technical approval from the relevant government entity.
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