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Introduction
Financial assistance for Bumiputra entrepreneurs
The objective of the scheme is to promote investments in Green Technology which refers to products, equipment, or systems which satisfy the following criteria:
- Minimizes the degradation of the environment
- Has a zero or low green house gas (GHG) emission
- Safe for uses and promote healthy and improved environment for all forms of life
- Conserves the use of energy and natural resources
- Features
| FEATURES | PRODUCER OF GREEN TECHNOLOGY | USER OF GREEN TECHNOLOGY |
|---|---|---|
| Financing size | Maximum: RM50 million per company | Maximum: RM10 million per company |
| Financing tenure | Up to 15 years | Up to 10 years |
| Guarantee Fee | 0.5% per annum | 0.5% per annum |
| Guarantee Cover | 60% guarantee cover on the approved financing amount | 60% guarantee cover on the approved financing amount |
| Eligibility criteria | Legally registered Malaysian - owned companies (at least 51%) in all economic sectors | Legally registered Malaysian - owned companies (at least 70%) in all economic sectors |
| Purpose of Financing | Financing Investments in Production of Green Technologies that meet the scheme objectives | Financing Investments in Utilization of Green Technologies that meet the scheme objective |
| The Purpose shall NOT be to refinance existing credit facilities | ||
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