KUALA LUMPUR: The Malaysian Industrial Development Finance Bhd (MIDF) has signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to offer small and medium enterprises (SMEs) and mid-tier companies (MTCs) the opportunity to benefit from MIDA’s Smart Automation Grant (SAG).
MIDF group managing director Datuk Charon Wardini Mokhzani said the MoU underlines the close relationship between MIDA and MIDF and their joint commitment to support companies that aspire to automate and modernise.
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