NATIONAL DEVELOPMENT SCHEME

ITEM DESCRIPTION
Objective
To support the 12th Malaysia Plan (2021-2025) implementation, enabling Malaysia to achieve economic empowerment, environmental sustainability and social re-engineering.
Purpose
Provide financing to entities which involve in activities as outlined in the 12th Malaysia Plan
Fund Size
RM1.4 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
Target Sector
The scheme is opened to all sectors as per highlighted in 12th Malaysia Plan
Sectors specified in 12th Malaysia Plan which as detailed in Annexure 1
Eligible Applicant
  • Partnership, Private Limited and Public Company
  • Registered and incorporated in Malaysia
  • Majority ownership of 51% by Malaysian
Eligible Project
Projects of strategic importance, contributing to national development and supporting 12th Malaysia Plan.

Annexure 1
Facility Offered
  • Term financing
  • The facility can be utilized for syndication / club deal arrangements
Financing Purpose
For capital expenditure (CAPEX) and operating expenditure (OPEX) purposes
Financing Tenure
  • CAPEX : up to 20 years
  • OPEX : up to 5 years
Margin of Financing
  • Up to 80%
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:
    • Working capital requirements: up to RM100 million
    • Development of infrastructure: up to RM140 million
  • The above may vary subject to the Bank’s credit assessment.
Pricing
  • Government: 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
Profit Subsidy
  • 1.5% per annum
Credit Related Matters
  • Subject to BPMB's credit approval processes.