Teraju’s fund propel Bumiputera companies to greater heights

Oct 15, 2016
Teraju's fund has given a platform for Bumiputera business to excel said Najib
Teraju’s fund has given a platform for Bumiputera business to excel said Najib

The Facilitation Fund created by the Bumiputera Agenda Steering Unit (Teraju) has helped Bumiputera companies grow and develop collaboration with global companies.

Prime Minister Najib Razak said the investments by Bumiputera companies together with big companies had also helped boost the economy and
create jobs for locals.

“Without this fund, investment will not become a reality, but when there is
such a platform, we want to make sure that its impact can also be felt by the
people and the country.

“We just don’t want to have only factories that rake in profits.

“When there is foreign direct investment (FDI), it helps develop the local economy and gives opportunities to the people and local companies. I think this (kind of) investment will generate good profits,” he said.

He was speaking when opening a Mercedes-Benz assembly plant, which was built by Nilai Mahir (M) Sdn Bhd, here today.

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