Ringgit Weakened in Feb
On 25 February 2025, the Ministry of Investment, Trade and Industry (MITI) and the Securities Commission Malaysia (SC) launched the Strategic Co-Investment Fund (CoSIF) under the New Industrial Master Plan 2030 (NIMP 2030). With an initial allocation of RM131.5 million, CoSIF aims to support SMEs and mid-tier companies (MTCs) in 21 strategic sectors and four emerging industries: Carbon Capture, Utilisation and Storage (CCUS), Electric Vehicles (EV), Renewable Energy (RE), and Advanced Materials.
Co-investment Model: The government will co-invest with private investors through Equity Crowdfunding (ECF) and Peer-to-Peer (P2P) financing.
Blended Financing Approach: Utilizes capital market funding to drive innovation, competitiveness, and sustainability.
Alignment with NIMP 2030: Supports advanced manufacturing, digitalization, and decarbonization, ensuring inclusive economic growth.
Commission will oversee CoSIF as part of its initiative to democratize capital market financing for MSMEs and MTCs.
The list of ECF and P2P operators for CoSIF will be announced by March 2025. More details are available on the SC’s MSME and MTC Roadmap webpage.
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