Special Opportunity

Green Technology Guarantee Scheme


Introduction

The Green Technology Financing Scheme (GTFS) was established by the Government to promote investments in green technology, a sector that is envisaged to be one of the emerging drivers of economic growth for our country.

This is a national initiative aimed at achieving a sustainable environment. The Participating Financial Institutions’ (PFIs) role is critical in ensuring the success of the GTFS, which entails the financing of companies that supply and utilise green technology.

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Investment Criteria

Investment in Green Technology refers to products, equipment, or systems which satisfy the following:-

Minimises the degradation of the environment;
Has zero or low green house gas (GHG) emission;
Safe for use and promotes healthy and improved environment for all forms of life;
Conserves the use of energy and natural resources; or
Promotes the use of renewable resources.
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Description
Description GTFS-Producer GTFS-User
Purpose To finance investments in the production of green technologies that meets the scheme objective. To finance investments in the utilisation of green technologies that meets the scheme objective.
Eligibility Criteria Legally registered Malaysian-owned companies (at least 51%) in all economic sectors. Legally registered Malaysian-owned companies (at least 70%) in all economic sectors.
Financing Limit Maximum: RM50 million (per company) Maximum: RM10 million (per company)
Financing Tenure Up to 15 years Up to 10 years
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Credit Facilities
All facilities.
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Guarantee Fee
0.5% per annum.

Refund policy

  • 100% refund of guarantee fees may be accommodated if the notification of cancellation is received from the Bank within three (3) months of the anniversary date/date of Letter of Guarantee (LG).
  • 50% refund of guarantee fees may be accommodated only for superceding, renewal and unmaterialised cases, if the notification of cancellation is received from the Bank between three (3) to six (6) months from anniversary date/date of Letter of Guarantee (LG).
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    Interest / Financing Rates
    Determined by Participating Financial Institutions (PFIs).
    The government will bear 2% of the total interest rate or financing rate.
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    Guarantee Coverage
    60% of financing amount.
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    Participating Financial Institutions
    All commercial and Islamic banks.
    Development financial institutions (Bank Pembangunan, SME Bank, Agrobank, Bank Rakyat, EXIM Bank and Bank Simpanan Nasional).
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    Implementation Agency
    Malaysian Green Technology Corporation and Credit Guarantee Corporation Malaysia Berhad.
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