Gtfs
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Table of Contents
Contents
1.0 Introduction 2 1.1 The details of GTFS 3 1.1.1 Eligible for registers Malaysian companies 3 1.1.2 Guarantee Fee, Guarantee Coverage & Interest / Financing Rates 3 1.1.3 Refund policy 4 1.1.4 Implementation Agency 4 1.1.5 Application Procedure and Application Date 4 1.2 The formation of GTFS 4 2.0 Objective 5 3.0 Green Project Financing 5 3.1 The Involved Financial Institutions 6 3.2 The Sectors targeted in Green Technology (GT) 7 3.2.1 Energy 8 3.2.2 Building 8 3.2.3 Water and waste management 9 3.2.4 Transportation 10 3.3 The impact of GTFS to Malaysian Economy 10 4.0 Conclusion 11 5.0 References 11 6.0 Appendix 12
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1.0 Introduction
Malaysia has recognised green technology as one of the key drivers of national economic growth. To achieve this, the Government is currently reorienting its policies to promote and develop green production. (Matrade, 2011) In order to enhance the growth of green technology of national economy, Green Technology Financing Scheme (GTFS) are formed. The Green Technology Financing Scheme (GTFS) is a special financing scheme introduced by the government to support the development of Green Technology (GT) in Malaysia. GTFS established by the Government to promote investments in green technology, a sector that is envisaged to be one of the emerging drivers of economic growth for our country.
This is a national initiative aimed at achieving a sustainable environment. The Participating Financial Institutions’ (PFIs) role is critical in ensuring the success of the GTFS, which entails the financing of companies that supply and utilise green technology. Investment in Green Technology refers to products, equipment, or systems which satisfy the following requirements, such as stated as below: 1. Minimises the degradation of the environment; 2. Has zero or low
Table of Contents
Contents
1.0 Introduction 2 1.1 The details of GTFS 3 1.1.1 Eligible for registers Malaysian companies 3 1.1.2 Guarantee Fee, Guarantee Coverage & Interest / Financing Rates 3 1.1.3 Refund policy 4 1.1.4 Implementation Agency 4 1.1.5 Application Procedure and Application Date 4 1.2 The formation of GTFS 4 2.0 Objective 5 3.0 Green Project Financing 5 3.1 The Involved Financial Institutions 6 3.2 The Sectors targeted in Green Technology (GT) 7 3.2.1 Energy 8 3.2.2 Building 8 3.2.3 Water and waste management 9 3.2.4 Transportation 10 3.3 The impact of GTFS to Malaysian Economy 10 4.0 Conclusion 11 5.0 References 11 6.0 Appendix 12
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1.0 Introduction
Malaysia has recognised green technology as one of the key drivers of national economic growth. To achieve this, the Government is currently reorienting its policies to promote and develop green production. (Matrade, 2011) In order to enhance the growth of green technology of national economy, Green Technology Financing Scheme (GTFS) are formed. The Green Technology Financing Scheme (GTFS) is a special financing scheme introduced by the government to support the development of Green Technology (GT) in Malaysia. GTFS established by the Government to promote investments in green technology, a sector that is envisaged to be one of the emerging drivers of economic growth for our country.
This is a national initiative aimed at achieving a sustainable environment. The Participating Financial Institutions’ (PFIs) role is critical in ensuring the success of the GTFS, which entails the financing of companies that supply and utilise green technology. Investment in Green Technology refers to products, equipment, or systems which satisfy the following requirements, such as stated as below: 1. Minimises the degradation of the environment; 2. Has zero or low
References: Ahmad Z. I. (2011), Promoting green Technology Commercialisation Via Green Technnology Financing Scheme. Kementrian Technologi Hijau dan Air . Green Tech Malaysia (2012), The Involved Financial Institutions. Retrieved on 13 march 2013, from http://www.gtfs.my. Haslenda Hashim (2011), Renewable energy policies and initiatives for a sustainable energy future in Malaysia. Renewable and Sustainable Energy Reviews. 15(9), 4780-4787. KeTTHA (n.d.), The national Green Technology Policy. Matrade (2011), Green Technology. Retrieved on 12 March 2013, from http://www.matrade.gov.my/en/foriegn-buyers-section/70-industry-write-up-- services/555-green-technology-services. Nazily M. N. (2011), Green Technology Future Opportunities in Malaysia. Kementrian Technologi Hijau dan Air . Pusat Tenaga Malaysia (2012). Green Technology Financing Scheme. Retrieved on 12 March 2013, from http://www.ptm.org.my/index.php/component/content/article/34/81- gtfsgreen- technology-financing-scheme.html. SME Corp Malaysia (2011), Green Technology Financing Scheme. Retrieved on 13 March 2013, from http://www.smecorp.gov.my/v4/node/137. ------------------------------------------------- 6.0 Appendix