Bumiputera Companies Urged To Be More Proactive In Grabbing Opportunities

KUALA LUMPUR, July 17 (Bernama) -- Bumiputera companies have been urged to be more proactive in grabbing opportunities provided by the government as they are meant for their own progress.

"I can see many opportunities being opened up by government-linked companies (GLCs) for rural youths under this RM7 billion target set by the prime minister," said member of Parliament for Sekijang, Anuar Manap.

Anuar, who is also head of UMNO Youth's Bureau of Rural Affairs, said this when commenting commenting on Prime Minister Datuk Seri Najib Tun Razak's call on GLCs to provide Bumiputera firms with RM7 billion of business opportunities this year to give them a boost.

The GLCs' key performance indicators, developed by the Putrajaya Committee on GLC High Performance, were based on merit, transparent, market-friendly and able to assist the Bumiputera community to be competitive.

Anuar said the GLCs must develop youth-oriented business programmes under this directive while youths must start knocking on the doors of GLCs to find out what opportunities were being offered.

"Youth-owned Bumiputera companies will not be given a free ride but instead, must be competitive and good at what they do.

"There will be considerable economic spillover as Bumiputera youths can develop and nurture their own supply chain of Bumiputera businesses," he said.

He said the RM100 million allocation for digital services was 'very timely'.

Citing an example, he said, in Sekijang, there were a number of technopreneurs among the youths who were building their businesses in linking up the community online via broadband and online services.

"They were involved in computer-related services as well as the provision of classes so that the rural youths are on par with their urban counterparts," said Anuar.

At the Bumiputrea Economic Council meeting held in Putrajaya earlier, Najib had said that among the business opportunities were the creation of 50 new vendors under the Vendor Development Programme, nine new anchor companies, and an additional RM700 million through the Crave Out & Compete programme.

He also announced RM2 billion for procurement, RM527 million for expenditure and RM100 million for entrepreneurship development.


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