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FINANCING SCHEME

Foreign Investment Accelerator Fund (FIAF)

Provider

Malaysian Investment Development Authority (MIDA)

Objective

a) To attract potential and high quality/strategic Foreign Direct Investment (FDI) projects aligned with the New Industrial Master Plan 2030 (NIMP 2030) which have a significant impact on the Malaysia’s economy in various aspects including enhancing high-value activities, technology transfer, increasing exports, strengthening the industrial supply chain, supporting local vendors, utilising local resources, promoting local research and development, and developing a highly skilled workforce.

b) Facilitating the ongoing negotiation process to attract priority sectors, strategic projects, or mega projects, including those involving research and development and innovation (R&D&I) in emerging technology.

c) A strategic approach to entice the investment following the implementation of the global minimum tax (GMT) of 15%.

Funding Amount

Funds distributed across sectors.

Claim Method

The fund will be given on a matching basis (50:50) based on eligible expenditures for R&D and Training.

Applications Document

Please refer to the guideline for more information.

Purpose of Financing

Technology Development

Eligibility

  1. Incorporated under the Companies Act, 1965/2016.
  2. The company possesses a valid Business License from a Local Authority.
  3. The company must engage in the following activities:
    i. Manufacturing activity in compliance with the Industrial Co-ordination Act, 1975; or
    ii. Services activities that must be registered with relevant ministries/ agencies.
  4. The company has been in operation for at least 3 years in Malaysia or other countries with capability and proven track record in the relevant/related industry or through the related international companies’ activities.
  5. The project must involve new investment (for the new company) or additional investments (for the existing company) to undertake the targeted manufacturing/services activities.
  6. The company must meet the prerequisite criteria/conditions as stated in the guideline.

Application Procedure

Fill the form to get the application procedure link

  • Hafizah Amminuddin
  • 03-2267 6735
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