Green Technology Financing Scheme - GTFS

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The 2nd Strategic Thrust in DTHN outlines the need of a conducive environment for the development of Green Technology. The thrust of this strategy focuses on economic aspects in green technology.

Main initiatives under the 2nd Strategic Thrust includes the provision of the Green Technology Financing Scheme (GTFS) which was officially launched on 26 January 2010 by The Hon. Prime Minister. In the 2010 Budget, the Prime Minister announced a RM1.5 billion fund to advance the producer and users of green technology. These funds enable producers and users of Green Technology to makes soft loans to finance their activities. For producers, the maximum loan that can be made is RM50 million and RM10 million for user companies. As a sign of commitment, the Government will bear 2% of the total interest rate with a ratio of that the government guarantees 60% and 40% by the respective banking institutions. Loan applications can be made through Malaysian Green Technology Corporation (GreenTech Malaysia).

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