Malaysia Debt Ventures welcomes RM20m budget to spur growth of tech sector

KUALA LUMPUR, March 3 — Malaysia Debt Ventures Bhd’s (MDV) allocation of RM20 million under the recently announced Budget 2023 will be channelled for its venture debt programme...

KUALA LUMPUR, March 3 — Malaysia Debt Ventures Bhd’s allocation of RM20 million under the recently announced Budget 2023 will be channelled for its venture debt programme for start-ups and technology-based companies.

MDV chief executive officer Nizam Mohamed Nadzri said MDV’s highly strategic role within the tech financing space has contributed to building a more dynamic, innovative, inclusive, and sustainable economy for Malaysia consistent with the intended outcome of the Budget 2023.

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