SUSTAINABLE DEVELOPMENT FINANCING SCHEME

 

ITEM
DESCRIPTION
Objective To support Government’s efforts to implement the 17 sustainable development goals (SDG) under the United Nation’s development program 2030 agenda for sustainable development.
Purpose To part finance eligible Client’s whose operations contribute positively to any one of the 17 SDG’s.
Fund Size
RM2.0 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
Target Sector Primary target is within the four (4) mandated sectors namely infrastructure, maritime, oil & gas and technology which are able to demonstrate continuous contribution to the UNDP’s 17 initiatives
Eligibility
  • Partnership, Private Limited, Public Company and Co-operatives.
  • Majority ownership of 51% by Malaysian
  • Must be registered in Malaysia and involved in 17 initiatives as identified by UNDP.
  • Able to demonstrate measurable and continuous contribution to any one of the 17 SDG to BPMB’s satisfaction
Facility Offered
  • Term financing
  • The scheme can be structured for syndication/club deal arrangements
Financing Purpose
  • For capital expenditure (CAPEX) and operating expenditure (OPEX) purposes
Financing Tenure
  • CAPEX : up to 15 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:
    1. Asset acquisition : up to RM100mil
    2. Development of infrastructure : up to RM200 mil
  • 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 /Interest Subsidy
  • 1.5% per annum
Credit related Matters
  • Subject to BPMB’s credit approval processes.