Objective | - To accelerate industry adoption of Industry 4.0 related technologies thereby increasing the contribution of the manufacturing sector to the national economy
- Fund the transformation of Malaysia’s industrial capabilities by supporting the right ecosystem for Industry 4.0 to make Malaysia a preferred high technology manufacturing location
- Support the adoption of digital transformation across the Bank’s mandated sectors to develop digital-economy for the nation
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Purpose | - To part finance the acquisition and/or development of specific assets, including software, licences, patents etc.
- To part finance the project / contracts relevant to the digital technologies.
- To provide working capital
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Scheme Size | RM1.0 billion (An aggregate of RM500 million is allocated for Bumiputera companies across all schemes) |
Availability | - 1 January 2021 until 31 December 2023
- Application received before 31 December 2023 is granted an extension until 31 March 2024 to complete approval process
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Target Sector | - Technologies are inclusive of, but not limited to, Artificial Intelligence, Robotics, Automation meant for:-
- Producer : Technology firms or manufacturing companies offering the technologies
- User : Companies/entities adopting the technologies as part of their operations
- Provider of Infrastructure : Companies that construct/build related infrastructure for the adoption of technology
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Eligible Applicant | - Partnership, Private Limited, Public Company and Co-operatives.
- Registered and incorporated in Malaysia.
- Minimum ownership of 40% by Malaysian
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Eligible Project | - Projects that are within the parameters set by relevant agencies involved in development of digital technologies
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Facility Offered | - Term financing
- The scheme can be structured for syndication/club deal arrangements
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Financing Purpose | - For capital expenditure (CAPEX) and operating expenditure (OPEX) purposes
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Financing Tenure | - CAPEX : up to 15 years
- OPEX : up to 5 years.
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Margin of Financing | |
Financing Amount | - Financing amount is subject to BPMB’s evaluation and credit policies. Any application exceeding the maximum amount must obtain Board approval
- As guidance,the fund available per customer may be determined based on the following categories:
- Asset/hardware/software acquisition and/or development : up to RM100 million
- Development of infrastructure : up to RM100 million
- The above may vary subject to the Bank’s credit assessment.
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Pricing | - Goverment : COF + Margin -Subsidy of 1.5%
- Commercial : BFR + Margin -Subsidy of 1.5%
- Margin is up to 2% per annum. Effective rate is subject to the approving authority of BPMB
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Profit Subsidy | |
Credit Related Matters | - Subject to BPMB's credit approval processes.
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