KUALA LUMPUR, Oct 9 (Bernama) -- The Budget 2027 announcement to raise government procurement thresholds for Bumiputera contractors in Grades G1 to G4 is an important step towards expanding their participation in the national economic value chain.
Business : TERAJU Hails Budget 2027 Measures To Drive Bumiputera Firmsâ Growth
TERAJU, Junady Nawawi, Petronas, Bumiputera, PuTE
Key takeaways
TERAJU praised Budget 2027 for boosting Bumiputera firms through procurement and financing measures.
- Budget 2027 raises procurement thresholds for Bumiputera contractors.
- Up to RM1 billion in financing will support Bumiputera companies.
- TERAJU sees the budget as advancing the PuTERA35 economic plan.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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