Copyright Reserved GreenTech Malaysia PROJECT: GTFS REPORTING PERIOD: 1/8/13 – 30/8/13 1 Project Brief/Summary RM3.5 billion allocation loan guarantee scheme from 2010 to 2015 with the objective to provide easier access to financing for producers and users of green technology. 60% government guarantee Rebate 2% p.a. of interest/profit Objectives To promote the utilisation of the Scheme to drive the development of green businesses. To create awareness and increase in adoption of green technology to facilitate the growth of the industry enhancing its contribution to the national economy. Project Fund : RM1,203,695 Duration : 1/1/2013 – 31/12/2013 Expected Outcomes 50 certified green projects obtained financing approval from financial institutions. RM400 million financing amount approved by financial institutions. 130 green project certificates issued. Status 26 (52%) RM310.4m (78%) 49 (38%)
Copyright Reserved GreenTech Malaysia PROJECT: GTFS REPORTING PERIOD: 1/8/13 – 30/8/13 2 Activities Completed (During reporting period) 1. Business Review Presentation (22/8/13) 2. GTFS Enhancement Workshop (27/8/13) % completed: 31% based on 13 activities % funds utilised : 42% as of 31 July 2013 Activities Planned (For next reporting period) 1. GTC Meeting No.7 (12/9/13) 2. Training for FIs (23-27/9/13)
Copyright Reserved GreenTech Malaysia PROJECT: GTFS REPORTING PERIOD : 1/8/13 – 30/8/13 3 Impacts of the Project 1. New investment realised RM510.4 million. 2. A total of 178 green collar personnel ,329 tCO2e GHG emission reduction. Photos of activities for the period of reporting GTFS Enhancement Workshop on 27/8/13 Challenges Restrictive features on the Scheme makes it less attractive. Financial institutions unfamiliarity with green technology projects Low take up rate for 1 st half of 2013 Actions Engagement with main stakeholders through a workshop to be organised on 27 Aug 2013 Proposal to MOF for GTFS enhancement. Develop training module and workshops to financial institutions on Sept and Nov 2013 Conduct roundtable discussions with respective financial institutions. Business matching sessions between financial institutions and project developers