KUALA LUMPUR, Nov 11 (Bernama) -- The increase in Budget 2027 funding for Bumiputera G1 to G4 contractors to RM7.5 billion aims to help small contractors build their capabilities, expand their businesses and undertake projects needed by the people, Prime Minister Datuk Seri Anwar Ibrahim said.
RM7.5 Bln Allocation Aims To Build Bumiputera Contractors’ Capacity – Anwar
Anwar Ibrahim, contractors, Bumiputera, Budget 202
BE Bernama 
Key takeaways
Prime Minister Anwar Ibrahim announced a RM7.5 billion allocation to boost Bumiputera contractors' capabilities in Budget 2027.
- The funding increase aims to help small Bumiputera contractors expand and improve their projects.
- Procurement procedures have been simplified, including a higher direct appointment limit.
- Measures also include financing facilities and steps to address rising fuel and material costs.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Read the full story on Bernama That's the opening of the story. The full piece is published by Bernama.
Continue reading ↗ Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
3 stories on this topic from 3 sources, oldest first.
- Bernama RM7.5 Bln Allocation Aims To Build Bumiputera Contractors’ Capacity – Anwar (this story)
