Government scales up support for MSMEs via strategic GLC partnerships, initiatives - Amir Hamzah - video Dailymotion

The Star

The government, under the 13th Malaysia Plan (13MP), is prioritising efforts to help micro, small and medium enterprises (MSMEs) move up the value chain through strategic partnerships with government-linked companies (GLCs).   Finance Minister II and acting Economy Minister Datuk Seri Amir Hamzah Azizan said the government would also scale up support through initiatives such as the strategic investment fund, working capital enhancement, project financing and capacity-building programmes.    WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Ladies and gentlemen, to address the challenges faced by MSMEs, the government under the 13th

00:12basic plan is prioritising efforts to help this enterprise move out of the value chain.

00:18Scaling will be supported through strategic partnerships with government-led companies

00:22and initiatives such as the Strategic Investment Fund, working capital enhancement, project

00:29financing, and capacity-building programmes.

00:32The government will support MSME through targeted interventions such as logistic systems, certification

00:39facilitation, and facilitating better access to export markets.

00:45I believe one of the emerging strengths of our nation lies in our people, especially the

00:53younger generation, who are willing to invest their time and talent to address challenges

00:59in our era.

01:01Many are eager to be agents of change, actively contributing through education, research,

01:08and social-economic initiatives, including those undertaken by think tanks such as MIDR.

01:15Many are part of a new generation of entrepreneurs emerging with mindset like those of the past.

01:22technology not only expands their market reach and visibility, but also elevates their entrepreneurial

01:31potential.

01:33They run restaurants with innovative and creative menus, localized global innovation to fit with

01:38its unique context and culture, and demonstrate how even a simple Sambal product can be transformed

01:45into a multi-millionaire business.

01:48Beyond the government support, as I mentioned, the private sector is very important in funding

01:56and also plays a critical role in enabling entrepreneurs to innovate and scale their businesses.

02:02To remain effective, funding institutions themselves must continue to innovate in developing effective solutions and

02:10approaches to risk management that keep pace with rapid developments in business and technology.

02:17As we move forward, let us remember that innovation is not the work of a few, but the collective effort of the nation.

02:24Whether through government policy, private enterprise, or community initiative, every contribution matters.

02:33By embracing creativity, collaboration, and technology while remaining guided by strong values,

02:39human purpose, Malaysia can move confidently forward towards becoming a truly innovative-driven economy.

02:49Together, we can shape a future where progress is inclusive, sustainable, and uniquely our own.

02:59Once again, a huge applause to the young woman senator.

03:03I will get someone.

Government scales up support for MSMEs via strategic GLC partnerships, initiatives - Amir Hamzah

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