Page 144 - Official Year Book 2020
P. 144
Tax incentives for MRO activities
for aerospace, ship building
and repairing, Bionexus status
and economic development
corridors are extended until
2022

ANational Development Scheme Targeted Assistance and
(NDS) valued at RM1.4 billion by Rehabilitation facility worth
Bank Pembangunan Malaysia will RM2 billion under BNM will be
be introduced introduced through loans from
▶ To support the implementation banking institutions

and development of domestic Measure 2 : Improving the
supply chain and increase the Business Environment
production of local products
such as medical devices

O140 FFICIAL YEAR BOOK 2020 The Maritime Development and Improve the infrastructure of
Logistics Scheme, Sustainable industrial areas
Development Financing Scheme,
Tourism Infrastructure Scheme, ▶ RM100million for maintenance
and Public Transport Fund will of the infrastructure of
be extended until 31 December industrial parks
2023 with a fund size of RM3.7
billion ▶ RM42million underJENDELAto
▶ RM500 million is designated for improve internet connectivity
in 25 industrial parks
Bumiputera entrepreneurs to
increase their involvement in ▶ Development of a water
the key sectors treatment plant in Kubang
Pasu district to support the
Extension of Special Tax investment needs of Kota
Deduction for premise rental Perdana Special Boundary
reduction to SMEs Economic Zone project in
▶ Subject to the condition of Bukit Kayu Hitam, Kedah and
residents in the area
rental reduction which must
be at least 30% of the original ▶ RM45 million to meet the
rental water supply needs for
▶ Extended for six (6) months the petrochemical sector
until March 2021 concentrated in the Gebeng
Industrial Zone
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