Page 69 - Official Year Book 2019
P. 69
ATEGY 4
Strengthening Economic Diversity
Migration the current power purchase system towards a
wholesale market.
Green Investment Tax Allowance (GITA) and Green Income Tax
Exemption (GITE) incentives will be extended to 2023.
70 percent income tax exemption of up to 10 years will be
given to companies undertaking solar leasing activities.
Upfront capital investment into energy saving equipment
for Government buildings through Energy Performance
Contracting (EPC).
Supporting Palm Oil Industry.
RM550 million palm oil replanting loan fund for
smallholders collateral-free at an interest rate of 2 percent per
annum.
RM27 million to support Malaysian Palm Oil Board’s
(MPOB) efforts to market palm oil internationally and counter
anti-palm oil campaigns.
B20 biodiesel for the transport sector to be implemented by
the end of 2020.
MALAYSIA BAHARU 2019 Official Year Book 57
Strengthening Economic Diversity
Migration the current power purchase system towards a
wholesale market.
Green Investment Tax Allowance (GITA) and Green Income Tax
Exemption (GITE) incentives will be extended to 2023.
70 percent income tax exemption of up to 10 years will be
given to companies undertaking solar leasing activities.
Upfront capital investment into energy saving equipment
for Government buildings through Energy Performance
Contracting (EPC).
Supporting Palm Oil Industry.
RM550 million palm oil replanting loan fund for
smallholders collateral-free at an interest rate of 2 percent per
annum.
RM27 million to support Malaysian Palm Oil Board’s
(MPOB) efforts to market palm oil internationally and counter
anti-palm oil campaigns.
B20 biodiesel for the transport sector to be implemented by
the end of 2020.
MALAYSIA BAHARU 2019 Official Year Book 57
