Incentives And Financial Support In Green Technology

General:

To promote the development of green technology activities, the Government:

•    In the announcement of Budget 2010, the Government has allocated RM1.5 billion as a soft loans to manufacturers and nationwide consumers through the Green Technology Financing Scheme (GTFS)
•    Building owners who have been certified the Green Building Index (GBI) from 24th October 2009 to 31st December 2014 will be granted for the income tax exemption which is equal to the additional capital expenditure to obtain the certificate;
•    Home buyers who had received the GBI certificate from the developer property will be given duty stamp exemption on documents of transfer; and
•    The amount of exemption is equal to the additional cost to obtain the certificate. This exemption is qualified for buyers who have completed the sale and purchase of agreement from 24th October 2009 to 31st December 2014.