Thai Labor Department Offers Low-Interest Loans to Flood-Affected Businesses for Safety Upgrades
Department of Labour Protection and Welfare - PR
Key summary
The Thai Department of Welfare and Labor Protection, through its Occupational Safety and Health Fund, is offering low-interest loans to businesses affected by flooding. Eligible companies can borrow up to 2 million baht each at an annual interest rate of 2% to fund safety improvements, fire prevention systems, electrical upgrades, and machinery modifications in flood-affected areas. Repayment terms are set for a maximum of five years, with a total loan pool exceeding 15 million baht. Applications can be submitted via provincial welfare offices or district safety centers, with forms available on the fund's website.
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Official source
Department of Labour Protection and Welfare - PR
Read original ↗https://www.labour.go.th/index.php/77813-2-97