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Special Fund For Tourism 2

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Objective
To support the Government's efforts in developing the tourism industry

Maximum financing rate : 4.0% - 5.5% per annum

Maximum tenure : 20 years

Minimum financing : RM50,000

Maximum financing : 90% of total project cost or up to RM25 million

Participating financial institutions / Implementing Ministry / Agency
SME Bank

Eligibility criteria

  • Shareholder's fund not exceeding RM10 million with 60% Bumiputera equity and registered under the Companies Commission of Malaysia
  • Viable tourism project and registered with the Ministry of Tourism

Purpose of financing

  • All small and medium project related to tourism industry
  • Construction of new hotel and resort on Bumiputera Malay reserved land including off shore-island
  • Business acquisitions including hotel

Eligible sector / Types of financing
Tourism

Application procedure
Application to be submitted to SME Bank.

Contact
Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank)
Menara SME Bank Malaysia
Jalan Sultan Ismail
Peti Surat 12352
50774 Kuala Lumpur
Tel : 03-2615 2020
Fax : 03-2698 8077
Website : www.smebank.com.my

 
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