Kuala Lumpur, 25 February 2025
The Ministry of Investment, Trade and Industry (MITI) and the Securities Commission Malaysia (SC) have jointly launched the Strategic Co-Investment Fund (CoSIF) under the New Industrial Master Plan 2030 (NIMP 2030) today. With an initial allocation of RM131.5 million, CoSIF will be distributed through Equity Crowdfunding (ECF) and Peer-to-Peer Financing (P2P) platforms to support the growth of local Small, and Medium Enterprises (SMEs) and mid-tier companies (MTCs) in strategic sectors.
CoSIF was launched by the Minister of Investment, Trade, and Industry, YB Senator Tengku Datuk Seri Utama Zafrul Aziz, together with SC Chairman, Dato' Mohammad Faiz Azmi.
CoSIF is a public-private co-investment scheme where the Government co-invests at pre-determined ratios alongside private investors in businesses operating across the 21 sectors outlined in NIMP 2030, along with four emerging growth sectors i.e., Carbon Capture, Utilisation and Storage (CCUS), Electric Vehicles (EV), Renewable Energy (RE), and Advanced Materials. CoSIF will be administered by the SC.
CoSIF is designed as a blended financing model to tap into unconventional sources of funding. By tapping into the capital market, CoSIF is able to mobilise significant resources to fund high-impact projects in strategic areas such as advanced manufacturing, digitalisation and decarbonisation. This initiative is expected to drive innovation, enhance competitiveness, and foster sustainable economic growth.
This focus on SMEs and mid-tier companies as funding recipients reflects the NIMP2030’s focus on inclusivity, and hence, is vital to the realisation of NIMP2030 objectives.
YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade, and Industry, added: “The CoSIF fund exemplifies our commitment to financing SME and mid-tier companies, to support their growth, innovation and long-term resilience. This initiative not only diversifies our financing options but also reflects our commitment to inclusivity by facilitating broad-based growth in our industry. We are proud to unveil this innovative fund as an integral part of realizing NIMP 2030’s missions, which places us on a better footing to continue positioning Malaysia as a premier manufacturing and services hub in the region.”
SC Chairman, Dato’ Mohammad Faiz in his opening remarks today said, “The deployment of the NIMP CoSIF through ECF and P2P platforms aligns with the SC's effort to democratise capital market financing access for MSMEs and MTCs, a segment which has been largely underserved. This structured public-private co-investment mechanism aims to support the fundraising journey of these businesses, fostering a capital market that is more inclusive.”
The SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap (2024 – 2028) (“Roadmap”) was launched in May 2024. The vision of the Roadmap is to address the financing gap for MSMEs and MTCs via the capital market.
The list of ECF and P2P operators for the NIMP CoSIF will be announced before the end of March 2025.
Further information on NIMP CoSIF and the SC’s MSME and MTC Roadmap can be found at the SC’s dedicated MSME and MTC Roadmap webpage (https://www.sc.com.my/msme-mtc-roadmap).
Ministry of Investment, Trade and Industry
SECURITIES COMMISSION MALAYSIA