Malaysia

Kedah offers interest-free loans to tourism operators, food-delivery riders

Loans to be capped at Rm5,000 with 400 applications expected

Updated 5 years ago · Published on 11 Feb 2021 9:15AM

Kedah offers interest-free loans to tourism operators, food-delivery riders
Menteri Besar Muhammad Sanusi Md Nor says interest-free soft loans for tourism operators and food-delivery riders in the state will be managed by the State Entrepreneur Development Unit. – Facebook pic, February 11, 2021

ALOR STAR – The Kedah government is offering interest-free soft loans to tourism sector operators in the state to ease their financial burden as a result of the Covid-19 pandemic. 

Menteri Besar Muhammad Sanusi Md Nor said the loan, capped at RM5,000, is also offered to selected food-delivery riders. 

“We are expecting about 400 applications. They don’t necessarily need to take the maximum RM5,000, they can opt for lesser amounts as well,” he told reporters after chairing the state executive council meeting here yesterday. 

The loans will be managed by the State Entrepreneur Development Unit and successful applicants will have the money credited into their bank accounts. 

Meanwhile, Sanusi said approval for the RM500 business capital aid through the Kedah Women’s Special Fund will also be expedited. 

In another development, he said allegations that more than 4,046ha of hilly terrain around Gunung Inas had been planted with durian trees were untrue.

Sanusi said only about 5,000ha of land were approved in 2007 in the area as forest plantations, and to be planted with trees such as albasia.

“Only 20% (of the 5,000ha) is allowed for durian cultivation,” he said. 

Recently, a video clip showed a man claiming that at least 12,140ha of hilly land in Gunung Inas was being developed as a durian plantation, supposedly the largest in the world. – Bernama, February 11, 2021

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