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Luzhai Rural Commercial Bank offers help to construction of high-yield and high-sugar-content sugarcane base
Date:2018-12-04 By:Jiqiang Yang Source:Liuzhou Daily

Lately, Zhu Yihuan, an economic expert from Bantang Tun of Tunqiu Village, said that thanks to the financial support from Luzhai Rural Commercial Bank, the high-yield and high-sugar-content sugarcane base at Tunqiu Village, Pingshan Town, Luzhai County, Liuzhou was successfully built with an area of 1,220 mu.

During 2014 to 2018, Luzhai County was assigned to build the high-yield and high-sugar-content sugarcane base of 70 thousand mu, with an investment of 173 million yuan. The project was constructed by enterprises and economic experts who applied for construction funds from financial institutions according to their actual situation, and was planned by the Sugar Industry Office of Luzhai County who paid for the project construction subsidy after completion and acceptance of the project.

Guo Shicai, Director of Sugar Industry Office of Luzhai County, introduced that just like the support to Zhu, Luzhai Rural Commercial Bank has provided large quantities of loans for construction of the high-yield and high-sugar-content sugarcane base. Until now, the high-yield and high-sugar-content sugarcane base of 63 thousand mu is achieved while 4 thousand mu under construction, with red line land of 3.27 thousand mu.

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