No. Applications must be submitted manually using the form available on the website www.motac.gov.my and posted or delivered to the Industrial Development Division, Level 14, Ministry of Tourism, Arts and Culture Malaysia, Putrajaya.
20 working days from the date the complete application is received.
The Tourism Sector Financing facility is an initiative provided to assist tourism companies and operators in obtaining financing to develop, upgrade, or expand tourism products and services in Malaysia.
There are two (2) types of Tourism Sector Financing provided by MOTAC, namely the Urban Renewal and Tourism Programme (URTP) managed by Bank Pembangunan Malaysia Berhad (BPMB) and the Special Tourism Fund (TKP) managed by SME Bank.
This facility is managed by appointed financial institutions offering competitive profit rates.
Applicant Eligibility Requirements: Entity Registration The applicant must be registered under: Companies Act 1965 / Companies Act 2016, Companies Commission of Malaysia 2002, and/or Co-operative Societies Act 1970 or Co-operative Societies Act 1993. Shareholding (Equity) The applicant must be owned by Malaysian citizens with a shareholding of at least 51%. Company Operational Status New or…
