Malaysia has launched a new funding scheme to help manufacturers pay for automation and digital upgrades.
The Ministry of Investment, Trade and Industry and the Securities Commission Malaysia introduced the Smart Manufacturing scheme.
It falls under the New Industrial Master Plan 2030 Strategic Co-Investment Fund, or NIMP CoSIF.
Under the scheme, the government will contribute RM2 for every RM1 raised from private investors. The 2:1 funding ratio will remain in place until 2030.
Eligible SMEs and mid-tier companies can use the scheme to invest in areas such as artificial intelligence, robotics, data analytics and smart production systems.
MITI and the Securities Commission have also increased funding support for companies in other sectors.
Until the end of 2027, the government will contribute RM1 for every RM1 raised privately. Previously, companies had to raise RM2 for every RM1 contributed by the government.
The change brings other sectors in line with the priority and new growth sectors covered by NIMP 2030.
NIMP CoSIF invests alongside private investors through equity crowdfunding and peer-to-peer financing platforms.
As of the end of June 2026, the programme had supported RM185 million in fundraising for 40 Malaysian companies across 25 sectors.
Featured image: Edited by Fintech News Malaysia, based on image by Magnific
