Page 154 - Malaysia Baharu 2018
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MALAYSIAN ECONOMY For agricultural sector (RM117 million).

~ For R&D to increase the productivity of seeds, grains and fruits (RM47 million).
~ To promote automation of the agrofood industry (RM18 million).
~ To implement entrepreneurship and training programs in agriculture, including to

encourage the participation of youth in the agrofood industry (RM52 million).
Boosting the tourism industry

The Government will allocate (RM100 million) on a matching grant basis to
the private sector.

~ For promotional and marketing campaign to increase the number of tourists to

the country.
Provide tax-free facilities to Penang’s Swettenham Pier in the form of duty-
free shops.

~ To cater for its booming cruise tourism.

Pulau Pangkor as a duty free island.
SME Tourism Fund (RM500 million).

~ The Government will provide a 2% interest subsidy managed by SME Bank.

Re-development and restoration of the Sultan Abdul Samad building in
Kuala Lumpur.

~ As an arts, cultural and heritage hub.
~ In collaboration with local heritage company Think City Sdn Bhd accredited by

United Nations Education, Scientific and cultural Organisation (UNESCO).
Malaysia Healthcare Tourism Council (MHTC) for medical tourism
(RM20 million).

~ To collaborate with reputable private hospitals to enable the branding of Malaysia

as a destination of choice for medical tourism.

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