Table 6.

Specific measures to stimulate maritime sectors.

Sectors	Measures
Shipping	•Double tax deduction for international shipping companies for setting up regional offices in Malaysia
Maritime tourism	•15% discount on electricity bill for the tourism sector •Tax exemption of individual income tax on local tourism spend. •RM500 million for travel discount vouchers, tourism encouragement in Malaysia through matching grants, and tourism promotions •RM200 million microcredit scheme for companies in the tourism sector. •Relaxation of existing guidelines by the Government on limiting the use of hotels to government events
Fisheries	•RM1 billion for Food Security Fund through various assistance to farmers and fishermen •RM100,000 to RM200,000 to viable farmers' associations and fishermen's associations. This is to develop agrofood projects •RM40 million grant towards helping small and medium enterprises involved in agriculture and food production.
Oil and Gas	•No specific incentives to date