Governor of Trang Somsak Parisuttho Hemathanon has revealed the progress of a project to provide financial credits to rubber institutions and growers in line with the policy of the National Council for Peace and Order (NCPO) announced on 26 August 2014.
The financial package is divided into three schemes, namely 10,000 million baht as revolving funds for rubber institutions to collect rubber produce, 5,000 million baht as loan credits for rubber processing entrepreneurs, and 15,000 million baht as loan credits for rubber producers. Around 977 million baht will also be appropriated from the central budget to support urgent projects.
On its part, Trang has already approved loans worth 102.9 million baht to 25 rubber cooperatives, out of the 34 applications. The Trang Provincial Office of the Ministry of Agriculture and Cooperatives is acting as the center to coordinate the schemes and follow up on their implementation in order to help tackle obstacles and make reports on the schemes’ progress.