ADVERTISEMENT
.jpg)
‘Build Small and Medium Enterprise Industrial Park in non-urban areas’
Published on: Saturday, June 25, 2022
Text Size:
Foo (left) said the commercial banks should adopt a new normal in assessing these loan applications and use innovative ways to mitigate their credit risks when approving these applications. Also, he added, loan releases can be structured according to preset terms and conditions where practical. Right: Kulim Hi-Tech Park for illustration only.
Kota Kinabalu: Small and Medium Enterprise Association (SME) Sabah founder Prof. Foo Ngee Kee suggested that SME Industrial Park be built in suitable non-urban areas as SMEs cannot afford the high industrial park (IP) in the urban areas.He said this in a recent panel discussion during the launch of the 26th edition of the Malaysia Economic Monitor: “Catching Up: Inclusive Recovery & Growth for Lagging States” by World Bank, here, June 16.
He said it is better to build the IP by utilising idle lands in suitable non-urban areas for following reasons:
Dear Daily Express reader,
Ever since 1963, before the formation of Malaysia, The Daily Express has kept the public well-informed as well as helped shape Sabah & Labuan's development for 60 years.
By subscribing you are supporting many of our award winning journalists - the first newspaper to win the Prime Minister's award for excellence in Journalism - who work tirelessly to bring you the facts and news that matter.
We are also the only newspaper to achieve a world scoop in the Nick Leeson saga in 1995.
Your subscription helps to hold those in power accountable. Subscribe today to support exclusive, local and independent journalism.
Subscriber Log-in here Subscribe now To unlock this article sign in here
ADVERTISEMENT
|
|
|
|
|
|
|
|
|
|
Top Stories Today
|
|
|
|
|
|
|
|
|
|
Sabah Top Stories
|
|
|
|
|
|
|
|
|
|
