Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this is especially for MNCs that can complete the industry value chain and drive knowledge-based job creation and development opportunities for local small and medium enterprises .
He said that to meet the skill requirements of especially industries with high value-added activities, RM80 million will be provided through the International Trade and Industry Ministry to train 20,000 employees who support industry clusters such as maintenance, repair and operation in Subang, Selangor; electrical and electronics in Kulim, Kedah; and chemicals in Gambang, Pahang.
Tengku Zafrul said in an effort to further stimulate the participation of local industry players in drone technology services, a RM100 million matching grant scheme is being provided for Bumiputera SME companies to explore business opportunities in the aerospace field. "The government will also extend the additional reinvestment allowance for two years for existing companies in Malaysia which have exhausted their RA period and special RA. This will bring the total additional RA period to five years.
please la, change you guys mindset and be open-minded then you will auto attract foreign investments. Even a 'Timah' can made you guys argued in Parliament, I dont think other forgein companies will invest in Malaysia. 🖕🏻
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