BizFunds - Bank Pembangunan
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| BizFunds - Bank Pembangunan |
| NEW SHIPPING FUND |
| TOURISM INFRASTRUCTURE FUND |
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HIGH TECHNOLOGY FUND
Objective
The primary objective of the soft loan is to support the development of high-technology industry.
Maximum Financing Rate: 5 per cent per annum.
Maximum Tenure: 8 years
Maximum Financing: 75 per cent of the total project cost with gearing ratio less than 3:1.
Eligibility Criteria
1. The company is owned by Malaysians and whose combined equity amounts to at least 51 per cent. It is registered with Companies Commission of Malaysia under Companies Act 1965.
2. The company is engaged in high- technology activities.
Purpose of Financing
1. To purchase machinery, tools and factory.
2. Factory construction and renovation.
Eligible Sector and Types of Financing
1. High-technology manufacturing.
2. Biotechnology.
3. Information technology.
4. Photonic optic and laser technology.
5. Pure technology.
6. Electric and electronic advancement.
7. Power engineering and alternative power resources.
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