Connect with us

News

M’sian Govt Announces New Plan to Help Bumiputeras and Close Economic Gap by 2035

Published

My Post 1 2024 08 20T131506.584
Source: Sinar Harian & Utusan Malaysia

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The government has launched the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to encourage the Bumiputera community to play a more significant role in the socio-economic development of the country.

According to a report by Sinar Harian, Prime Minister Anwar Ibrahim Datuk Seri Anwar Ibrahim said that the implementation of PuTERA35 needs to be monitored more closely so that it succeeds in uplifting Bumiputeras within 10 years without marginalising other races.

Putera 1

“PuTERA35 needs to be monitored, we want to plan but it is the responsibility of the people from government agencies, government companies, departments and ministries to make it happen. We will monitor closely and want this plan to be successful in order to dignify the Bumiputera people and the Malaysian people,” he said.

The Edge also shared that the goal of PuTERA35 is to have 70% of Bumiputeras occupy the country’s high-skilled jobs as compared to 61% in 2022, as well as raise Bumiputera equity ownership to 30% from 18.4% in 2020.

 

Additionally, he wants the implementation of PuTERA35 to be done carefully, efficiently and responsibly. 

“If not, even if we pour tens of billions of Ringgit into this, it will still drip and leak and the effect will not reach the grassroots level, causing the youth and the people to feel restless because although it sounds great and the plan is amazing, the implementation is going nowhere,”

“In the planning stages, before we proceed to the implementation stages, who will be the ones implementing it? Definitely a Bumiputera agency. Then, they must ensure that the implementation process is more thorough, more efficient and more responsible,” he explained.

Putera 2 1

This image is for illustration purposes only.

With the theme, Participation, Ownership and Governance (3P), PuTERA35 will emphasise the importance of all aspects of development, including for the Bumiputeras of Sabah and Sarawak, as well as the Orang Asli people, to guarantee a foundation of survival, integrity in the distribution of wealth, equality and social justice.

PuTERA35 has 3 structural cores which are for socioeconomic ability, integrity of governance and institutions, and social justice. Additionally, there are 12 drives and 132 efforts set in place surrounding these 3 structural cores.

Taking into account trends that are expected to affect the world and society in the future, this transformation plan was developed to open up space and opportunities for the Bumiputera community to take advantage of sectors and industries driven by the needs of high-growth high-value industries (HGHV) and based on advanced technology.

 

What do you think about this? Do feel free to share your thoughts in the comment section.

 

Also read: UiTM Will Maintain Policy of Only Accepting Bumiputera Students to Bridge Gap Between Races

My Post 1 2024 06 26T164903.867

Source: Sinar Harian

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Dd Ft 24 Dd Ft 24
News18 minutes ago

PDRM Hunting Suspect Who Hit 53yo Driver with Wooden Weapon in Johor Road Rage

A video has been circulating online recently, showing a road rage clash in Johor between two male drivers that quickly...

Collage 53 Collage 53
News43 minutes ago

“I will fight DAP until the end!” – Dr Akmal Resigns as Melaka Exco But Stays On as UMNO Youth Chief

UMNO Youth Chief Datuk Dr Muhamad Akmal Saleh has announced that he is stepping down from his post as the...

Collage 52 Collage 52
News2 hours ago

Huge Blaze Completely Destroys Banting Factory, Bomba Finds 3 Charred Remains of Unidentified Bodies

An oil processing factory in Banting, Selangor, caught fire last night (14 January) and was completely destroyed. Tragically, while extinguishing...

Collage 13 1 Collage 13 1
News3 hours ago

Man Posing as PDRM Officer Enters Unlocked Car in Gombak Before Molesting & Assaulting 22yo Woman

A 22-year-old Malaysian woman endured a frightening experience recently while waiting for her husband in the car. She alleged that...

Dd Ft 20 Dd Ft 20
News23 hours ago

PDRM: 45yo School Headmaster & 44yo Nurse Wife Found Murdered at Their Sarawak Home

A 45-year-old school headmaster and his wife were found dead at their home in Sarawak. The police later confirmed that...

Collage 50 Collage 50
News1 day ago

“I have no fixed income” – 64yo S’porean PR Fined RM9k for Altering Plate to Refuel RON95 in Johor

A senior citizen was caught with an altered Singapore license plate to fill up on RON95 in Johor, and he...

My Post 1 2026 01 13T141704.876 My Post 1 2026 01 13T141704.876
News2 days ago

Ex-IGP Ordered to Pay Hannah Yeoh RM250,000 Over Defamatory “Christian Nation” Statement

The Court of Appeal has ordered former Inspector-General of Police Tan Sri Musa Hassan to pay RM250,000 in damages to...

Dd Ft 15 Dd Ft 15
News2 days ago

Selangor Sultan Decrees Halt to Pig Farming in Tanjong Sepat, No More State Funding for Industry

Selangor Ruler, Sultan Sharafuddin Idris Shah, has ruled that no new pig farming operations will be allowed in the Tanjong...

Announcement

Latest Videos



TRENDING TODAY