Government Scales Up Support For MSMEs Via Strategic GLC Partnerships, Initiatives - Amir Hamzah 

KUALA LUMPUR, Nov 27 (Bernama) -- The government, under the 13th Malaysia Plan (13MP), is prioritising efforts to help micro, small and medium enterprises (MSMEs) move up the value chain through strategic partnerships with government-linked companies (GLCs).

Finance Minister II and acting Economy Minister Datuk Seri Amir Hamzah Azizan said the government would also scale up support through initiatives such as the strategic investment fund, working capital enhancement, project financing and capacity-building programmes.

“The government will support MSMEs through targeted interventions such as logistics systems, certification facilitation, including halal certification, and by facilitating better access to export markets,” he said in his official opening remarks at the National Economic Outlook Conference (NEOC) today. 

Beyond the government support, Amir Hamzah said the private funding sector also plays a crucial role in enabling entrepreneurs to innovate and scale their businesses. 

He noted that funding institutions must continue to innovate in developing effective solutions and approaches to risk management that keep pace with rapid changes in business and technology.

At the same time, Amir Hamzah said Malaysia could move confidently towards becoming a truly innovation-driven economy by embracing creativity, collaboration, and technology, while remaining guided by strong values and human purpose. 

“Together, we can shape a future where progress is inclusive, sustainable and uniquely our own,” he said, adding that technology not only expands MSMEs’ market reach and visibility but also enhances their entrepreneurial potential.

-- BERNAMA