ICP/IMTN Programme

 

For the purpose of executing its mandate as the Infrastructure Funding Entity (“IFE”) to finance the preliminary requirements of MRT Kajang Line, DanaInfra has established an Islamic Commercial Papers and Islamic Medium Term Notes Programme of up to RM8.0 billion (“ICP/IMTN Programme”) in 2012. The ICP/IMTN Programme is irrevocably and unconditionally guaranteed by the Government of Malaysia. The ICP/IMTN Programme was upsized to RM21.0 billion in 2014 in line with Kajang Line funding requirement and subsequently further upsized to RM46.0 billion in 2015 to cater and consolidate the funding requirements of MRT Kajang Line and MRT Putrajaya Line, upon the Government’s approval to proceed with the MRT Putrajaya Line Project. In 2018, the ICP/IMTN Programme was upsized from RM46.0 billion to RM61.0 billion and was further upsize in 2020 to RM71.0 billion to meet the funding requirements of MRT Putrajaya Line.

 

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