Bank Pembangunan Malaysia Berhad:

Tourism Infrastructure Fund

Objective
To support the Government's efforts to develop and promote tourism industry

Maximum financing rate : 4.0% to 5.5% per annum

Maximum tenure : 20 years

Maximum financing : RM50 million or up to 80% of total project cost

Participating financial institutions / Implementing Ministry / Agency
BPMB

Eligibility criteria

• Malaysian-owned company (at least 51%) incorporated under Companies   Act 1965 or Co-operatives Act 1993


• Minimum paid-up capital of RM5 million or 20% of the amount of loan applied, whichever is higher

Purpose of financing
To finance the incremental cost of existing and new project excluding working capital. For the acquisition of land, to finance up to 40% of the cost of land or project, whichever is lower

Eligible sector / Types of financing
Tourism industry

Application procedure
Application to be submitted to BPMB

Contact
Bank Pembangunan Malaysia Berhad
Menara Bank Pembangunan
Bandar Wawasan
No.1016, Jalan Sultan Ismail
50240 Kuala Lumpur
Tel : 03 - 2611 3888
Fax : 03 - 2692 8250
Website : www.bpmb.com.my

 
Last modified: 15 January 2008 14:24.