Tropical Leaves

B r i e f i n g a n d N e t w o r k i n g S e s s i o n w i t h M a l a y s i a n I n d i a n N e t w o r k o f E n t r e p r e n e u r s A s s o c i a t i o n ( 1 M I N  )

DISF GRANT

HIGH IMPACT F UND, DOMESTIC INVESTMENT STRATEGIC FUND (DISF )  INDUSTRY 4 .0 INCENTIVES

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INTRODUCTION

Establishment of a Domestic Investment Strategic Fund of RM1 Billion to accelerate the shift of Malaysian-owned companies integrated industries to high value added, high technology, knowledge-intensive, and innovation-based industries.

INCENTIVES

The Domestic Investment Strategic Fund will provided matching grant (1:1) as follows:

  1. For training and R&D activities

  2. To undertake outsourcing activities

  3. To comply with international standards: and

  4. For licensing / purchasing of technology

ELIGIBILITY CRITERIA

  1. Incorporated under Companies Act, 1965

  2. New companies in the manufacturing and service sectors with Malaysian equity ownership at least 60%

  3. Existing companies in the manufacturing and service sectors with Malaysian equity ownership of at least 60% undertaking reinvestment (expansion/modernization/diversification);

Companies producing promoted products/engaged in promoted activities in the following priority sectors:

 

  • Aerospace;

  • Medical Devices;

  • Pharmaceutical;

  • Advanced Electronics;

  • Machinery & Equipment;

  • Renewable Energy;

  • Services including design, R&D, testing, quality and standard certification, engineering services,            technical and skills training and logistic service providers (3PL); and

  • Other industries, on a case by case basis

SCOPE OF THE FUND

The fund will cater for expenditure occurs for the following activities

  • - Training of Malaysians;

  • - R&D activities carried out in Malaysia

  • - Modernization and upgrading of facilities and tools to undertake manufacturing or services activities for

  •   multinational corporations (MNCs) and Malaysian conglomeration (outsourcing activities);

  • - Obtaining international standard / certification; and

  • - Licensing or purchase of new/high technology.