This new policy will greatly affect many businesses in this sector, as the credits will enable the enterprises to relieve their financial burdens, expand their production, and create millions of new jobs.
The government issued Decree No. 38, which allows private enterprises to be eligible for ODA-funded loans. The private sector will thus have another way to gain access to capital, in addition to the domestic preferential credit system.
This policy is highly anticipated as a solution to long-standing problems faced by enterprises in supporting industries.
