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:
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For training and R&D activities
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To undertake outsourcing activities
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To comply with international standards: and
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For licensing / purchasing of technology
ELIGIBILITY CRITERIA
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Incorporated under Companies Act, 1965
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New companies in the manufacturing and service sectors with Malaysian equity ownership at least 60%
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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:
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Aerospace;
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Medical Devices;
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Pharmaceutical;
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Advanced Electronics;
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Machinery & Equipment;
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Renewable Energy;
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Services including design, R&D, testing, quality and standard certification, engineering services, technical and skills training and logistic service providers (3PL); and
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Other industries, on a case by case basis
SCOPE OF THE FUND
The fund will cater for expenditure inccured for the following activities
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- Training of Malaysians;
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- R&D activities carried out in Malaysia
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- Modernisation and upgrading of facilities and tools to undertake manufacturing or sevices activities for
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multinational corporations (MNCs) and Malaysian conglomeration (outsourcing activities);
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- Obtaining international standard / certification; and
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- Licensing or purchase of new/high technology.