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SPECIFICDISCLOSUREON
GOVERNMENT FUND
MALAYSIAKITCHEN FINANCING FACILITY
MalaysiaKitchen Financing Facility (“MKFF”) is a financing facility that assists
Malaysians to venture into the restaurant business overseas. MKFF was initiated
by the Government of Malaysia with a fund size of RM170,100,000.
The main objective of MKFF is to introduce Malaysian cuisine to the world
and the spill over impact in attracting the influx of tourist into Malaysia.
Generally, MKFF covers opening of new restaurant overseas, expansion of existing
restaurant or opening of new branches, and development of Malaysian food
franchises internationally.
To date, MKFF has supported over 30 borrowers setting up Malaysian restaurants
overseas, introducing Malaysian cuisine across 4 continents covering countries
like Australia, Canada, China, United Kingdom, Tajikistan and the United States
of America.
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EXIM Bank Annual Report 2013