Govt green-lights easy loan scheme for sustainable oil palm growers

Primary Industries Minister Teresa Kok says aside from the government, oil palm growers cooperatives can also receive financial aid from the Cooperatives Commission of Malaysia. – The Malaysian Insight file pic, February 24, 2020.

PUTRAJAYA has approved an interest-free easy loan scheme of RM100,000 for Sustainable Oil Palm Growers Cooperatives to provide them with working capital to buy and sell fresh fruit bunches said Primary Industries Minister Teresa Kok.

She said for starters, 10 such cooperatives had been selected to receive the loan based on their excellent operational and administrative performance.

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