PUTRAJAYA: The government has planned more than 300 development programmes worth RM60 billion this year to help Malaysia’s micro, small and medium enterprises (MSMEs) boost growth.
In a statement marking World MSME Day today, Entrepreneur Development and Cooperatives Minister Steven Sim said the programmes would cover financing, human capital development, market access, infrastructure, as well as technology and innovation.
He said the initiatives are part of the ministry’s ABCD framework, which focuses on productivity, simplified bureaucracy, access to capital and market expansion.
“Behind every grocery shop, restaurant, small factory, service provider and family business are millions of Malaysians who depend on micro, small and medium enterprises for their source of income and livelihood,” he said.
