Summary
- Financing and guarantee facilities increase to RM57 billion.
- SJPP and CGC to provide guarantees of up to RM32 billion.
- RM1 billion in guarantees reserved for business mergers and acquisitions.
KUALA LUMPUR, October 13 — The government will increase total loan and financing guarantee facilities from RM50 billion to RM57 billion in 2027 to strengthen business growth and investment opportunities.
Prime Minister Anwar Ibrahim announced that Syarikat Jaminan Pembiayaan Perniagaan (SJPP) and Credit Guarantee Corporation (CGC) will provide financing guarantees of up to RM32 billion.
SJPP coverage will also be expanded to include mid-tier companies across all sectors, with the maximum guarantee limit increased to RM50 million.
Another RM1 billion in SJPP guarantees will be reserved to support local companies expanding through mergers and acquisitions.
The measures form part of the government’s efforts to improve access to financing, particularly for businesses seeking to expand operations and strengthen their competitiveness.
