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Global Trade Alert

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Malaysia: Introduced relaxed FDI requirements and subsidies for local businesses under the second Budget 2020

Description

On 11 October 2020, Malaysia announced its second Budget 2020. Under this budget, Malaysia would provide a Smart Automation Matching Grant of RM 550 million (USD 132.9 million) to 2000 manufacturing a...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Oct 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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