Loosen conditions for tourism fund loans, says Mohamaddin | Malay Mail

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Loosen conditions for tourism fund loans, says Mohamaddin

Minister of Tourism, Arts and Culture Datuk Mohamaddin Ketapi speaks to Malay Mail in Putrajaya April 22, 2019. — Picture by Miera Zulyana

He said that many were said to be unable to meet the tight conditions fixed by the loan givers and were finding it difficult to obtain loans especially Bumiputra. For the Special Tourism Fund under Bank Pembangunan, the government had allocated over RM500 million to help entrepreneurs who wanted to build and expand tourism products such as hotel, chalet, resort and other accommodation facilities.

 

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