Jumlah AP bertambah 4 kali ganda, kata Johari
Menteri pelaburan, perdagangan dan industri berkata pihaknya juga batal AP kerana amalan Ali Baba.
Johari Ghani, the Malaysian Minister of Investment, Trade, and Industry, revealed that the number of open permit kelulusan (AP) holders has quadrupled, currently standing at 414 companies, compared to 107 in 2019. This expansion aims to enable more Bumiputera entrepreneurs, including those without prior experience in the automotive industry, to participate in the nation's automotive sector.
The Ministry of Finance strictly screens applicants to ensure only those with financial capability and capability to operate the business are granted permission.
The Ministry has implemented a filtering process for open AP applications, with some applicants being disqualified due to the Ali Baba practice. Johari emphasized that not everyone should be granted AP, as it is crucial to maintain the quality of the industry and ensure its responsible operation. In a parliamentary session, he addressed Lim Lip Eng's question about revisiting the AP permit standards to better support ordinary Bumiputera entrepreneurs, rather than favoring wealthy business owners.
Additionally, the government allocated RM30 million to Malaysian Industrial Development Finance Bhd (MIDF) to provide financing assistance to eligible entrepreneurs. These applicants typically require work capital between RM1 million and RM3 million, depending on their business needs. Many young, skilled individuals lack partners and capital, often seeking partners for their ventures. They possess sales skills and established customer relationships, and Johari pledged to assist these individuals.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
