GVC allows SMEs to access Bank Negara’s RM2bil green fund

The programme aimed to assist and incentivise carbon emission management among Kossan SME suppliers, making them the strategic suppliers of Kossan, said Lim.

THE Greening Value Chain (GVC) programme will enable suppliers to access Bank Negara’s RM2bil Low Carbon Transition Facility (LCTF) to fund small and medium enterprise (SME) working capital or capital expenditures related to low-carbon practices at an affordable rate, according to Kossan Rubber Industries Bhd.

Group managing director and chief executive officer Tan Sri Lim Kuang Sia said the programme aimed to assist and incentivise carbon emission management among Kossan SME suppliers, making them the strategic suppliers of Kossan.