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Published: Tuesday January 15, 2013 MYT 12:46:00 PM

Financing scheme for green technology has disbursed RM300mil so far

By LOH FOON FONG


KUALU LUMPUR: Some RM300mil has been disbursed since the Government approved the Green Technology Financing Scheme totalling RM1.06bil three years ago, Energy, Green Technology and Water Minister Datuk Seri Chin Fah Kui said Tuesday.

Elaborating on the issue, Malaysia Green Technology Corporation acting chief executive officer Ahmad Zairin Ismail said the total amount would be given out by 2015.

"The response has been tremendous," he said after the soft launch of the fourth International Greentech & Eco Products Exhibition and Conference here Tuesday.

Ahmad said successful applicants of the scheme would enjoy a two percentage point discount on the bank interest rate for the loan.

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