Maritime & Logistic
Scheme
Industry Digitalisation
Transformation Scheme
Sustainable Development
Financing Scheme
National Development
Scheme
Working Capital
Scheme
The main objective of this scheme is to provide financial assistance to companies dealing with or involved in tourism related activities and services.
The scheme is open to projects within the outlined sectors for purposes such as:
- Acquisition and construction of assets related to tourism activities;
- Refurbishment or upgrades of existing building, hotel, convention center and facilities which are in the tourism industry or related to tourism activities;
- Working capital requirements
Fund Size
RM1.0 Billion
(An aggregate of RM500 million is allocated for Bumiputera companies across all schemes).
Financing Purpose & Tenure
Capital Expenditure (CAPEX)
Up to 20 Years
Operating Expenditure (OPEX)
Up to 5 Years
Financing Amount
- Minimum financing amount of RM5 million
- Maximum financing up to RM100 million*
*Note: All application is subject to credit assessments and BPMB’s policies. For financing application that exceeds the maximum amount can be considered on case-to-case basis. The final approved financing amount is up to BPMB’s discretion.
Financing Rate
Government Project*
Cost of Fund (COF) + Margin – Subsidy 1.5% p.a.
Commercial Project*
Base Financing Rate (BFR) + Margin
– Subsidy 1.5% p.a.
Financial Guarantee
Guarantee Fee – Subsidy 1.5% p.a.
*The effective rate for the approved financing is subject to BPMB’s discretion and approving authority based on the credit evaluation and assessments.
- Partnership, Private Limited, Public Company and Co-operatives
- Registered and incorporated in Malaysia
- Majority ownership of 51% by Malaysian
- Applicants must have a minimum paid-up capital of RM5.0 million or minimum of 20% from the total financing applied, whichever is higher
- Applicants must acquire an endorsement (i.e. Letter of Support) from the Ministry of Tourism, Art And Culture (MoTAC)
- Term financing
- Revolving Facility
- Financial guarantee as part of credit enhancement for sukuk / bond issuance
- The scheme can be structured for syndication/club deal arrangements
- Up to 80% of total project cost*
*Note: All application is subject to credit assessments and BPMB’s policies. The final approved financing amount is up to BPMB’s discretion.
- 1.5 % per annum
- 1 January 2023 until 31 December 2025