The Regional Corridor Development Authority (RECODA) and Agrobank signed a Memorandum of Understanding (MoU) during this year’s Agrofest 2018 in order to co-operate, to provide easier financing for investors and farmers in the Sarawak Corridor of Renewable Energy (SCORE) area.
The signing of the MoU at the Penview Convention Center will enable potential investors and agro entrepreneurs in the three (3) development agencies established under RECODA, namely Upper Rajang Development Agency (URDA), Highland Development Agency (HDA) and the Northern Region Development Agency (NRDA), special financing programmes, while enabling the facilitation of the development of local agropreneurs to participate in commercial agriculture as well as encourage entrepreneurs to take part in the development of the agriculture supply chain in these areas. The MoU was signed by YBhg. Datu Haji Ismawi Bin Haji Ismuni, Chief Executive Officer, RECODA and Encik Mohamad Taufik Mahamad Zakaria, Chief Strategic Officer of AGROBANK
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