UMFCCI to loan K70 bln to oil mills, livestock industries

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The photo shows an edible oil mill.

The oil mills and livestock industries will have K70 billion loan from the State economic promotion fund, according to the Union of Myanmar Federation of Chambers of Commerce and Industry-UMFCCI.
K50 billion is to be loaned for the development of oil mills and K20 billion for the development of livestock industries.
In addition, if agricultural and livestock industries require additional loans, ways to increase the amount of loans will be sought. The loans are provided to develop and expand domestic businesses, agriculture and livestock sectors. — TWA/MKKS

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