CONTRACT FINANCING
Objectives Of Scheme - To assist Bumiputra Entrepreneurs, especially those dependant on goverment/goverment agency contracts
Criteria Of Applicant - Bumiputera (51% shareholding) companies with a track record for at least 1 year
- Must be registered with Ministry of Finance (MOF), PKK, CIDB, and/or other relevant body/authority (whichever applicable)
Criteria Of Contract Awarder - The federal government
- Statutory bodies
- Government Link Companies or Government Owned Companies (GLC/GOC)
Purpose - to finance contract of supply finished products or provide services
Size Of Financing Margin Of Financing - Up to 80% of contract cost
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Last Update : 25 January 2011
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