Public Transport Fund (PTF 2.0)

  Public Transport Fund (PTF 2.0)
Objective To increase the utilization of public transport by funding the improvements and growth of public transport coverage and services
Purpose
  • To finance the purchase of vehicles i.e. taxi, bus and other types of public transport
  • To part finance related public transport infrastructure to improve services of operators and public convenience 
Fund Size RM500.0 million
Availability 1 January 2019 until 31 December 2020
Target Sector
  • Bus operator
  • Taxi and Train/rail operators
  • Other means of public transports
  • Suppliers/manufacturers or assemblers of public transport vehicles/trains
  • Contractors or developers of the public transport infrastructure
Eligibility
  • Sole proprietorship, Partnership, Private Limited, Public Company and Co-operatives.
  • Must be registered in Malaysia
  • Majority-owned by Malaysian
Facility Offered
  • Term financing for acquisition of related equipment, materials and assets
Financing Purpose
  • For capital expenditure (CAPEX) and operating expenditure (OPEX)
Financing Tenure
  • Up to 9 years
Margin Of Financing
  • Up to 80%
Financing Amount
  • Subject to BPMB's evaluation and credit policies
  • As guidance,the fund available per customer may be determined based on the following categories:
    1. Taxi/bus : Up to RM50 million
    2. Coach/train : Up to RM100 million
    3. Development of infrastructure : RM100 million
  • The above may vary subject to the Bank’s credit assessment.
Margin Of Financing
  • Government : COF + Margin – Subsidy of 2%
  • Commercial: BFR + Margin – Subsidy of 2%
  • Margin is up to 2% per annum. Effective rate is subject to the approving authority of BPMB
Profit Subsidy
  • 2% per annum
Credit Related Matters
  • Subject to BPMB’s credit approval processes