«News & Events»

In a joint meeting between SFIDA, Provincial governor office and the provincial funds of the third region of Iran in Tabriz hosted by provincial organization of the ministry of Agriculture- Jahad, the Apple Supply Chain (ASC) in East Azerbaijan was formally inaugurated. The purpose of implementing ASC was expressed by the CEO of East Azerbaijan Fund as a plan to managing the apple production chain from Farm to Fork (F2F) including producing, processing, packaging, storage, marketing targeting regional and international markets.

Gardeners and producers can benefit from this chain management because ASC will be effective increasing income, reducing unemployment risk and increasing apple production in the region.

The CEO of S.F.I.D.A, Hossein Mahdidoust announced the support of SFIDA for the establishment of an export terminal for the northwestern provinces of Iran.  The creation of county funds with small capital has practically made it difficult to support the activists in the field of agriculture and there is a need to reform the structure of these county funds. He emphasized: We should not allow the depreciation of the currency to affect the mission of this group in supporting the agricultural sector, and the only way to prevent this issue is to enter into trading activities.

Mahdidoust asked the provincial funds to use at least 30% of their capital for economic and trading activities in the agricultural sector, such as providing agricultural inputs, and to use the rest of the capital to grant facilities to shareholders.

Any country that invests in the field of agricultural products today will surely create a worry-free intellectual platform for sustainable development, the deputy coordinator of economic affairs of East Azerbaijan said.

The activities of institutions such as the Investment Development Support Fund in the agricultural sector, which provides advice, makes policies, and provides financing and support, is the main need of the agricultural sector, Mohammad Kalami added. He continued: Our agricultural sector suffers from both policymaking and marketing, and by moving from traditional subsistence farming and increasing investments in the agricultural sector, these challenges can be overcome through the efforts of the agricultural sector organizations.

Fund for supporting the development of investment in the agricultural sector is a platform for solving the existing challenges of this sector, Akbar Fathi, head of East Azerbaijan Agriculture- Jahad Organization, said. Fathi pointed to the activities of the SFIDA in the field of providing money to the organizations of the agricultural sector and supporting the investment of the agricultural sector and added: these activities have made the fund to support the development of the agricultural sector to create good among the activists of the agricultural sector.

There are many challenges in the agricultural sector and solutions should be considered to overcome these challenges, low investment in the agricultural sector compared to other economic sectors, including industry and services, is one of the main challenges, he stated. The main sector for employment and food security is agriculture but only 5% of investment is made in this sector.

The second specialized webinar titled “Provision of Microfinance and Social Business of Grameen Bank” was held by SFIDA on Monday, November 28, 2022 with the presence of representatives of the government in the agricultural support funds for rural and nomadic women, natural resources funds, regional and county funds, as well as the CEO’s of these funds.

The speaker of this webinar was Gholam Morshed Mohammed, deputy general manager of Grameen Bank. He is currently in charge of the international cooperation Division.

While introducing Grameen Bank to the audience, the chairman of the board and the CEO of SFIDA announced their readiness for bilateral cooperation with this bank. For more detail, Please access the webinar presentation file in the link below.

https://sfida.ir/fa/wp-content/uploads/2022/11/Iran-Presentation.ppt-Nov.pptx

According to the public relations and international affairs of SFIDA; Hossein Mahdi Doust was appointed as the new chairman of the board of directors and the CEO of SFIDA on 10/15/2022 by the order of the Minister of Jihad and Agriculture.

The induction ceremony of Hossein Mehdi Doost as the new chairman of the board of directors and the CEO of SFIDA was conducted before Ali Hayek, Advisor to the Minister and Director General of the Ministry, Hooshang Mohammadi, Deputy Minister, Development of Management and Resources, Janali Behzadnesb, former Chairman and CEO of SFIDA, members of the Board, directors and consultants of the SFIDA on 10/15/2022 at the SFIDA headquarter.

A webinar entitled “Grameen Bank Service Model” by the SFIDA with the presence of the CEOs of the provincial and specialized agricultural sector support companies and also the representatives of the government in these funds and other specialized units including Women’s affairs office, rural cooperative, research institute, etc. were held on Monday, October 10, 2022.

The speaker of the webinar was Golam Morshed Mohammed, deputy general manager of Grameen Bank. He is currently in charge of the international cooperation Division.
While emphasizing that Grameen Bank is a specialized bank providing services to the poor community and is not an NGO in any way, he explained that the bank was founded based on a field study in a village called Jobra, and in 1983, its headquarters was inaugurated in Tangail, 100 KM out of the capital city, Dhaka.

For more detail, Please access the webinar presentation file in the link below.

https://en.sfida.ir/wp-content/uploads/2022/10/Iran-Presentation.pdf

According to the report of public relations and international affairs of SFIDA, webinar was held on June 27, 2022 before managers of SFIDA, managing directors of support the development of the agricultural sector at the provincial and specialized-product (national) levels, Planning Research Institute, Agricultural Economics and Rural Development.

In these presentations, along with how to provide financial resources for agricultural and rural activities and the government’s support for rural and agricultural activities, introducing the “National Bank for Agricultural and Rural Development (NABARD) of India” which is the most important bank regarding the agricultural and rural development of India was discussed.

It is an excellent regulatory for general regulation and monitoring of the functioning of regional rural banks and cooperative banks in India.

Below is the presentation file of Mr. D. V. Deshpande:

https://en.sfida.ir/wp-content/uploads/2022/10/nabard-role-in-youth-dev-Iran-dignitaries.pptx

To address the message of Supreme leader, Ayat-ul allah Kahmenei’s for the new year, SFIDA welcomes the new ideas on agriculture development.
The CEO and chair of SFIDA highlighted that SFIDA is planning and taking the necessary measures to use the capacity of the company’s memorandum of cooperation signed with the Vice President for Science and Technology in the field of knowledge-based companies in order to support agri-businesses, especially knowledge-based activities. He called for ideas on knowledge-based targeting support for contract farming, support for the completion of value and production chains in the agriculture sector, and the strengthening and expansion of investment, especially in the agro-based industries. For more details please brows the following link
https://sfida.ir
or communicate with
info@sfida.ir

On the occasion on Supreme leader, Ayat-ul allah Kahmenei’s message for the new year, the Ministry of Agriculture-Jahad calls for new ideas  on developing the agriculture and addressing the problems and challenges of this sector. The ministry invites the scientists, experts and professionals especially from the knowledge-based companies to provide their proposals on the new technologies and ideas for this sector. For more details please brows the following link

https://maj.ir/danesh

or communicate with

info@sfida.ir

I am very pleased to say that in 1400, as in previous years, with the valuable efforts of my colleagues at SFIDA the comprehensive development of funds to support the development of the agriculture sector and their services to shareholders was made possible. Certainly, the development of these funds will be a suitable and efficient platform for the development and completion of value chains in the agricultural sector and ensuring food security in the country.

“While appreciating your efforts in year 1400, I pray Almighty Allah for the happiness, health and eternal pride of you and your family.”

The optimal use of capacities, facilities and resources of both parties for synergy in the implementation of agricultural transformation programs with the new approach of the ASIDA is emphasized by the MOU.

MOU states that the level of coverage and the number of funds will be increased through the formation of new Funds at the national and regional levels or the coverage expansion by establishing new Funds in the urban areas of which the government’s share capital will be provided by deputy. Also, the number of shareholders and the capital of the Funds and payment facilities should be developed and the distribution of financial resources of the government agencies should be done more.

The Deputy Minister of Planning and Economy also pledged to: follow up to remove obstacles and facilitate the processes needed to implement the agricultural transformation program with a new approach, support and finance the government’s share in forming and increasing the capital of Funds in order to fulfill the commitments of SFIDA. From all the programs of the SFIDA and following up and supporting the hand over the activities related to the Ministry of Agriculture-Jahad to the Funds, cooperating and supporting the conclusion of contracts with support loops for contract agriculture in the form of value chain and creating an intelligent system to receive performance reports from Fund to support the development of investment in the agricultural sector.

Dr. Yasmin Saadat, retired from IFC, World Bank was the speaker to the CEOs of Funds from the all province of the country and directors of SFIDA.
She briefed about the agricultural Value Chain, Warehouse Receipt Financing (WRF), different warehouse including private, field and public warehouse, enabling legal framework, Structured Trade Finance, IFC’s Global Warehouse Finance Program, Risk mitigation, Transaction Structure and secured structure, Required Capital, Insurance and Financial Performance Guarantee, Security Package and Legal Enforceability, Secured offshore Structure, and etc.
The full presentation file is available with the following link.
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