12 organizations, individuals of Phu Giao district get preferential loans

Recently, Economy Chamber of Phu Giao district cooperated with Department of Agriculture and Rural Development to survey agricultural projects of organizations and individuals applying for loans in accordance with Decision 04 Provincial People's Committee promulgated regulations on policies to encourage agricultural development in the direction of urban agriculture, hi-tech agriculture in the 2016-2020 period. So far, 12 organizations and individuals in the district have borrowed money with a total amount of over VND68 billion, total disbursement VND40 billion.

Leader of Economic Chamber of Phu Giao district said that results gained from the loan scheme under Decision No.04 of Provincial People's Committee contributed to the restructuring of plants and animals of the locality. Many applied scientific and technical advances, urban agriculture models, high technology agriculture, and high technology application has been in good growth, high-tech area in cultivation and husbandry in the whole district was higher than previous years.

Reported by Q.Nhien – Translated by Ngoc Huynh