Special Fund For Tourism 2

Special Fund For Tourism 2

Objective

To support the Government’s efforts in developing the tourism industry

Maximum financing rate : 4.0% – 5.5% per annum

Maximum tenure : 20 years

Minimum financing : RM50,000

Maximum financing : 90% of total project cost or up to RM25 million

Participating financial institutions / Implementing Ministry / Agency: SME Bank

Eligibility criteria

Shareholder’s fund not exceeding RM10 million with 60% Bumiputera equity and registered under the Companies Commission of Malaysia
Viable tourism project and registered with the Ministry of Tourism

Purpose of financing

All small and medium project related to tourism industry
Construction of new hotel and resort on Bumiputera Malay reserved land including off shore-island
Business acquisitions including hotel

Eligible sector / Types of financing
Tourism

Application procedure
Application to be submitted to SME Bank.

Contact
Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank)
Menara SME Bank Malaysia
Jalan Sultan Ismail
Peti Surat 12352
50774 Kuala Lumpur
Tel : 03-2615 2020
Fax : 03-2698 8077

Website : www.smebank.com.my

CAPITAL.MY