To promote availability of storage facilities to enhance food security, State Bank of Pakistan has launched a Refinance Scheme in the name of “Financing Facility for Storage of Agricultural Produce (FFSAP)” for the establishment of agricultural produce storage facilities. The salient features of this scheme are as under:
Financing is available:
On a long-term basis for establishment, expansion and balancing, modernization & replacement (BMR) of Steel/Metal/Concrete Silos, Warehouses & Cold Storage facilities for storing agricultural produce
Purchase of new imported & locally manufactured plant & machinery, equipment and accessories thereof, to be used in Steel/Metal/Concrete Silos, Warehouses, and Cold Storages
Purchase of new generators.
The capacity of the generator shall, however, not be in excess of the in-house energy requirements of the Silos/Warehouses / Cold storage .
Up to 65% cost of entire civil worksFinancing is subject to adherence to rules & regulations issued by SBP from time to time
Overview of Agriculture Banking
Talk to our Agri Experts
Agri. Business Manager, Agriculture Division, Lahore – Pakistan
Mr. Malik Muhammad Fiaz
Agri. Business Manager, Agriculture Division, Multan – Pakistan