MIDF collaborates with MATRADE to provide RM300 Million Financial Assistance under Services Export Fund (SEF)
The Government of Malaysia has allocated RM300 million fund under RMK-11 to assist Malaysian Services Providers (MSPs) to undertake activities to expand and venture into international markets with the aim to increase the competitiveness of Malaysian Services providers (MSPs) abroad.
This programme is implemented in collaboration with Malaysian Industrial Development Finance Berhad (MIDF). The disbursement of this fund to MSPs is through the provision of grants and soft loans. The maximum fund provided under this programme is up to RM5 million per company for the duration of the fund period from 2015 -2020.
Among the grant activities under MATRADE are speaking engagement to promote Malaysian services expertise in international events, participation in tender bidding, rendering services for projects undertaken overseas, presentation to potential clients, procuring commercial intelligence reports, initial setting up of office overseas and conducting feasibility study for international project overseas.
MIDF will provide soft loans for costs incurred in preparation and submission of project proposals for overseas projects and expenses related to raising bank guarantee or performance bond to execute overseas project.
Eligible MSPs should leverage on the SEF to expand their export market globally. For more information on the programme, please contact the following:
Malaysia External Trade Development Corporation (MATRADE)
Services Export Fund Unit
11th Floor, Menara MATRADE
Jalan Sultan Haji Ahmad Shah
50480 Kuala Lumpur
Tel: 03-6207 7077 / 7239
Fax: 03-6203 7186
Malaysian Industrial Development Finance Berhad (MIDF)
Group Secretarial & Legal Division
Level 21, Menara MIDF
82, Jalan Raja Chulan
50200 Kuala Lumpur
Tel: 03-2173 8888 / 8598 / 8970
Fax: 03-2173 8877