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Agriculture advertises interest-free loans
The first 2023/03/07
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The most honorable Najaf: Hussein Al-Kaabi
The Ministry of Agriculture expressed its support and encouragement for investors to use advanced methods in agriculture and irrigation, as well as urging it to establish manufacturing projects for plant and animal production, while announcing loans that are exempt from profits and interest.
The media spokesman for the ministry, Muhammad Al-Khuzai, told Al-Sabah on the sidelines of his participation in the Economic Development and Entrepreneurship Conference hosted by the Najaf Chamber of Commerce and organized by the Gilgamesh Center for Economic Development: His ministry emphasizes the use of modern technologies in irrigation, and encourages investors and farmers to purchase pivot sprinklers from Through interest-free loans and repayments over five years. He pointed out that it also encourages merchants to import these sprayers through customs exemptions, indicating that its support is not limited to agricultural projects, but rather extends to supporting and urging the establishment of manufacturing projects for plant and animal production, by allocating plots of land to establish these projects.
For his part, the representative of the Chamber of Commerce at the conference, Karim Al-Helou, told Al-Sabah that the Chamber of Commerce is working on developing modern and pioneering projects, and is cooperating with specialized economic institutions in holding seminars and conferences to present ideas and proposals that aim to revitalize the private sector and enhance its role in economic development, pointing to The chamber supported new university graduates to enter the labor market, by involving them in training courses and providing business advice, in addition to coordinating with banks to facilitate obtaining loans for emerging projects and businesses.
Edited by: Najm Sheikh Dagher
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