RM50mln allocation approved for Sarawak Micro Credit Scheme

Tengah visiting a Tamu at Bekenu junction.

By Brad Rantayy

MIRI, July 22: The Sarawak government has approved a RM50 million allocation to Sarawak Micro Credit Scheme to assist Small and Medium Enterprises (SME) gain access to financial loans after the partial lockdown following Covid-19.

“The application for the loan is still open, and for those who apply now until December, the State government will absorb all the interest for the period of three years and a half,” said Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan after visiting the Kampung Beraya Tamu on Wednesday.

The tamu was built under Lambir Assemblyman Ripin Lamat’s Rural Transformation Programme (RTP) project at a cost of RM600,000 and was completed in June 2019.

Tengah who is also Minister of International Trade and Industry, Industry Terminal, and Entrepreneur Development disclosed that a comprehensive development plan for Kampung Beraya Lambir will enable the state government to identify and develop the area further apart from enhancing the village’s downstream industry.

He also said that RM2 million had been set aside to develop the Kampung Beraya area. Among other developments planned for the area are an international school and an integrated centre for their social and economic activities.

He was accompanied by Assistant Minister of International Trade and Industry, Industry Terminal and Entrepreneur Development Datuk Mohd Naroden Majais, and Ripin Lamat.—DayakDaily

Tengah (centre) with Ripin (left) is being briefed by Miri Land and Survey head, Supt Hardi Fadillah Hamzah(right) on the newly completed Tamu Kampung Beraya.