KUALA LUMPUR, Nov 12 (Bernama) — In support of the Government’s aspirations to develop the country’s digital economy through the implementation of the National Fiberisation and Connectivity Plan (NFCP), Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance Incorporated (MOF Inc.), has introduced its latest financing programme, the NFCP-Vendor Development Programme or NFCP – VDP. The NFCP – VDP is tailored to match the financing requirements of eligible technology companies that undertake any project related to the NFCP comprising contractors/sub-contractors and suppliers.
In conjunction with the rolling out of the new programme, MDV today hosted “MDV Funding Day 2019” to enhance awareness on opportunities available for players in the telecommunication industry. The seminar focusses on the implementation of the NFCP and related issues such as the adoption of the 5G technology and the future landscape of Malaysia’s technological progress. The seminar also touched on the subject of financing, with discussions on several financing issues including existing gaps, potential opportunities and available options for NFCP-players such as the newly-launched NFCP-VDP.
