SOFT LOAN FOR AUTOMATION AND MODERNISATION (SLSAM)
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2. Sector Coverage:
- manufacturing sector;
- electrical and electronics;
- wood products and furniture;
- plastics and chemical products;
- iron and steel;
- textiles and apparel
- automotive
3. Eligible Expenses:
- Industrial Adjustment
Financing for- Purchase of new or reconditioned** machinery and equipment;
- Purchase of software and computer peripherals related to the industrial adjustment process;
- Purchase of new machinery, plant and equipment for the purpose of diversification into higher value-added activities;
- Costs related to the installation, commissioning and related training as well as maintenance of the machinery; and
- Expenses related to undertake services related to mergers and acquisition (M&A) such as registration fees and payment for services by investment bankers.
