KUALA LUMPUR, Oct 10 (Bernama) -- The Bumiputera Contractors Association of Malaysia (PKBM) has welcomed the increase in government procurement allocations for G1 to G4 Bumiputera contractors to RM7.5 billion under Budget 2027, from RM4 billion this year.
General : Budget 2027: PKBM Lauds RM7.5 Bln Procurement Allocation For Bumiputera Contractors
PKBM, Budget 2027, initiatives, Bumiputera contrac
BE Bernama 
Key takeaways
PKBM welcomed RM7.5 billion procurement allocation for Bumiputera contractors in Budget 2027, up from RM4 billion.
- PKBM president praised the RM3.5 billion increase for expanding contractor involvement in government projects.
- The association hopes for more project opportunities and fair access for Bumiputera SMEs.
- Reintroducing the VOP clause aims to help contractors manage rising costs like diesel and bitumen.
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