What is the GTFS?

The GTFS is a special financing scheme introduced by the government to support the development of Green Technology (GT) in Malaysia. It was proposed by the Right Honourable Prime Minister during the tabling of the 2010 Budget with a total financing amount of RM1.5 billion. Subsequently, in Budget 2013, with YAB Dato' Seri Mohd Najib Tun Haji Abdul Razak announcing that the fund for GTFS will be increased by RM2 billion and the application period extended for another three years ending 31 December 2015. During the Budget 2016 speech on 23 October 2015, YAB Prime Minister once again had announced the extension of the implementation period of the Green Technology Financing Scheme (GTFS) until 31 December 2017.