Following Malaysian Prime Minister, Tan Sri Muhyiddin Yassin’s declaration that the entire country will be on a movement control order starting from 15th June 2021, to deal with the rise in Covid-19 cases, InvestPenang would like to inform that:
• InvestPenang office will be closed from 15th June 2021. Operation will resume when there are further directives from the government.
• InvestPenang team will still be working from home and reachable via emails. Please refer to our respective emails at https://investpenang.gov.my/about-invest-penang/.
We remain committed to support our stakeholders through this difficult time.

WHAT’S HAPPENING

View major news and upcoming events to explore Penang’s thriving key industries.

Title :

Strengthening Your Global Competitive Position with Bank Negara Malaysia HTF-NIA

Featured Speaker :

Bank Negara Malaysia

Date :

March 23, 2021 @ 1000-1130

 

Background

As announced in the Budget 2021 on 6 November 2020, Bank Negara Malaysia (BNM) has established a RM1 billion High Tech Facility National Investment Aspirations (HTF – NIA), as part of efforts to provide additional targeted assistance for Small and Medium Enterprises (SMEs) affected by COVID-19.

The objective of HTF – NIA is to support high-tech and innovation-driven SMEs to preserve Malaysia’s competitive position in the global value chain, enhance the supply chain ecosystem and safeguard high-skilled jobs.

 

The HTF – NIA is built on the following key principles:

  1. Fulfil National Investment Aspirations (NIAs) of enhancing economic complexity, high-value job creation, domestic linkages and creation of new industrial clusters
  2. Companies adversely impacted by COVID-19 (Banks will make assessments to determine the level of impact)

 

The eligible sectors for HTF – NIA scheme are companies and SMEs (manufacturing and services) that fall under the following categories:

  1. Manufacturing and services of the following subsectors:
  • E&E
  • Chemicals (including pharmaceuticals)
  • Optical Scientific Equipment and Medical Equipment
  • Machinery & Equipment (including Robotics, Drones, and Industry 4.0 technologies)
  • Transport equipment (Aerospace; Vehicle and parts manufacturers involved in global supply chains or transitioning towards future mobility and green technology)
  • ICT
  • R&D activities
  • Any other high-tech industries/sub-sectors deemed eligible by BNM. please refer here for the full list of eligible subsectors.

Or:

  1. Participants of existing innovation projects for critical technologies such as blockchain, neurotechnology, drones, manufacturing technologies, bioscience technology, 5G/6G, 3D/4D/5D  printing Industry 4.0 related technologies (AI, Big Data Analytics, cloud computing, IoT, additive manufacturing, system integrators, augmented reality, advanced materials, cybersecurity and autonomous robots).

 

For RSVP, please click HERE

Register Now
  • Participation in the event is FREE but RSVP is required (online registration).
  • The registration shall close on March 22, 2021, 5pm.
  • For further inquiry or support, please contact Mr. Chen William at william@investpenang.gov.my or 04-646 8833