Govt committed to increase involvement of bumiputera in large scale projects -Ismail Sabri

The government is committed to increasing the involvement of bumiputera businesses in large-scale national projects, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

He said the government is also committed to reviewing procurement policies imposed by government-linked companies (GLCs) and government-linked investment companies (GLICs), as well as issues related to bumiputera corporate equity which is still far below the 30 per cent target.

"In this regard, the government is reviewing the Equity Safety Net (ESN) mechanism...