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© 2019 Standardlink SMI Consultancy, All Rights Reserved. Created by SMIFunding 

DOMESTIC INVESTMENT STRATEGIC FUND (DISF)

INTRODUCTION

Establishment of a Domestic Investment Startegic Fund of RM1 Billion to accelerate the shift of Malaysian-owned companies intargeted 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 inpromoted 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 inccured for the following activities

  • - Training of Malaysians;

  • - R&D activities carried out in Malaysia

  • - Modernisation and upgrading of facilities and tools to undertake manufacturing or sevices activities for

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

  • - Obtaining international standard / certification; and

  • - Licensing or purchase of new/high technology.