Happy New Year! As MDV crosses over to 2016, new strategies and action plans will be undertaken to continue our support of the Government’s technology sector agenda towards achieving developed nation status with high income, and one that is inclusive and sustainable.
2015 had marked a number of key strategic and operational achievements, where MDV extended project and contract financing facilities to Malaysia’s technology companies and key focus areas such as the renewable energy sector. In 2015, RM881 million of new loans were approved and RM746 million disbursed. We look to continue our achievements in 2016.
In 2016, MDV will maintain our focus on providing financing access to our mandated technology sectors. This year, we will expand our product and programme offering. Chief among these are a financing programme to assist companies in expanding their current product and service offerings regionally in line with the Government’s aim of promoting the export and services sectors. Another is a collaboration with TERAJU to provide financing to TERAS companies, and for the first time, financing to eligible SUPERB companies. Strategic partnerships with other government agencies in the pipeline will also allow for the creation of specialised financing programmes to cater for individual strategic technology sectors. And in accordance with MDV’s role as a development facilitator and project financier, we will be launching a new initiative to develop technopreneurs and technology start-ups.
2016 will be challenging. For technology companies, MDV will remain as one of the financiers of Malaysia’s technology companies and technopreneurs.
– Nizam Mohamed Nazri | Senior Vice President, Corporate Services Division