Scheme Name

BNM PENJANA Tourism Financing (PTF)

Eligibility

(a) The financing may be used by Malaysian SMEs in any tourism-related sectors or activities and/or SMEs that are licensed/registered with the Minister of Tourism, Arts and Culture (MOTAC).

(b) Eligible tourism sectors or activities include, but are not limited to, those listed in the National Tourism Policy 2020-2030:

(i) Ecotourism;

(ii) Adventure tourism;

(iii) Youth tourism;

(iv) Sports tourism;

(v) Cultural and heritage tourism;

(vi) Community-based tourism;

(vii) Island tourism;

(viii) Coastal tourism;

(ix) Urban tourism

(x) Shopping tourism;

(xi) Medical and wellness tourism;

(xii) Meetings, incentives, conventions and exhibitions (MICE) tourism;

(xiii) Cross-border tourism;

(xiv) Rural/agro tourism;

(xv) Cruise tourism;

(xvi) Special interest tourism; and

(xvii) Muslim-friendly tourism.

(c) The tourism sectors or activities cited above serve as non-exhaustive guidance only and are accurate as of the publication date. However, it is advisable to refer directly to the National Tourism Policy document published by MOTAC for the most current information.

Purpose of Financing

(a) The financing obtained is to be used for:

(i) Working capital; and/or

(ii) Capital expenditure

(b) The financing shall not be used for the following activities:

(i) Refinancing of existing credit/financing facilities;

(ii) Purchase of shares;

(iii) Purchase of land/real estate and property for investment (i.e. not for business use or generation of income from tourism activity);

(iv) Property development (i.e. planning, building and managing real estate with the objective of selling or leasing the developed property);

(v) Investment by investment holding companies;

(vi) Activities where the stock in trade is money (including credit, leasing, factoring and insurance businesses);

(vii) Gambling, alcohol, tobacco or other similar activities/products; and

(viii) Non-Shariah compliant activities (applies to Islamic financing only).

Financing Rate

(a) For financing approved by 31 December 2025, the financing rate is up to 3.5% per annum, inclusive of guarantee fee.

(b) For financing approved after 31 December 2025, BNM will review and communicate any changes to the financing rate based on prevailing market conditions.

Financing Limit

Financing Tenure

Up to 7 years