‘Green technology-Green loan’ forum begins
Society
Ulaanbaatar
/MONTSAME/. ‘Green technology, Green Loan’ Forum & Exhibition which aims to
promote human health and eco-friendly technology and products, kicked off at
Tuushin Hotel today.
Being
co-organized by the Ministry of Environment and Tourism and Xac Bank, the
forum- and exhibition offers people to get acquainted with energy efficient electrical
heater, floor heater, air purifier and sewage treatment facility and ‘Green
loan’ service.
Beginning last September, soft loans up to MNT40 million started to be issued to citizens and entities through Xac Bank, Khan Bank, and State Bank for the purchase of products such as electric heater, home insulation materials and eco-toilet. Moreover, entities that are capable to serve more than 100 tourists per day are eligible to receive loans up to MNT200 million for waste water treatment facility, water purifier, insulation product and heater.
Ts.Tsengel, the State Secretary of the Ministry of Environment and Tourism, said “The Ministry is holding a policy to support entities which are implementing eco-friendly and innovative businesses. As a result of previous forums, 41 entities that import innovative facilities and equipment were given customs duties reduction worth MNT 54 billion.”
Annual interest
of the Green Loan is 8-9 percent and the government has allocated MNT 3.75 billion
for it. Currently, over 20 citizens and entities have received the
green loan.
A.Enkhsarnai