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MIDF Soft Loan Scheme For Automation And Modernisation (SLSAM) Financing Approvals

This dataset shows financing approvals of Soft Loan Scheme For Automation And Modernisation (SLSAM) managed by MIDF. Objective of SLSAM:- To encourage manufacturing companies to: • Modernise and automate manufacturing processes; • Upgrade production capability and capacity; • Minimise dependence on labour intensive activities and foreign labour; • Diversify into higher value-added activities; • Rationalise and streamline operations through mergers and acquisitions; • Acquire, develop and produce tooling; • Embark on productivity improvement; • Enhance export performance; and • Utilise information and communications technology (ICT) as a means to improve competitiveness, efficiency and productivity as well as to enhance engineering design capabilities.

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Last Updated May 26, 2021, 11:32 (UTC)
Created November 22, 2018, 16:19 (UTC)