Prime Minister Anwar Ibrahim Urges GLCs and GLICs to Drive Innovation and Development for Bumiputera Community

A Call to Action

Prime Minister Anwar Ibrahim has issued a challenge to the heads of Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) to propose innovative ideas and drive initiatives related to Bumiputera economic development. This call to action was made in a Facebook post, where Anwar emphasized the importance of GLCs and GLICs playing a more active role in driving innovation and development within the Bumiputera community.

The Bumiputera Economic Transformation Plan 2035

Anwar launched the Bumiputera Economic Transformation Plan 2035 (Putera35) last August, with the aim of elevating the status of the Bumiputeras and enabling all Malaysians to enjoy a better quality of life in line with the Madani economic framework. Putera35 encompasses three core areas, 12 growth drivers, and 132 comprehensive initiatives aimed at empowering and advancing Bumiputera development.

Empowering Bumiputera Companies in Government Procurement

At the first Bumiputera economic council meeting of the year, held today, Anwar emphasized the importance of empowering Bumiputera companies in government procurement. He noted that the council is the country’s main platform to monitor the effective implementation of Putera35 and to ensure that the plan’s objectives are achieved.

Driving Innovation and Development

Anwar’s challenge to GLCs and GLICs is aimed at encouraging them to think outside the box and come up with innovative ideas that can drive growth and development within the Bumiputera community. He emphasized that the private sector has a crucial role to play in achieving the objectives of Putera35 and that GLCs and GLICs must take the lead in driving innovation and development.

Conclusion

In conclusion, Prime Minister Anwar Ibrahim’s call to action to GLCs and GLICs is a significant step towards achieving the objectives of Putera35 and empowering the Bumiputera community. The private sector has a crucial role to play in driving innovation and development, and it is essential that GLCs and GLICs take the lead in this effort.

FAQs

Q: What is the Bumiputera Economic Transformation Plan 2035 (Putera35)?
A: Putera35 is a plan launched by Prime Minister Anwar Ibrahim to elevate the status of the Bumiputeras and enable all Malaysians to enjoy a better quality of life in line with the Madani economic framework.

Q: What are the core areas of Putera35?
A: Putera35 encompasses three core areas: economic development, social development, and institutional development.

Q: What are the growth drivers of Putera35?
A: Putera35 has 12 growth drivers, including human capital development, entrepreneurship, and innovation.

Q: What is the role of GLCs and GLICs in Putera35?
A: GLCs and GLICs are expected to play a key role in driving innovation and development within the Bumiputera community, and to propose innovative ideas and drive initiatives related to Bumiputera economic development.