The former minister predicts results similar to those of previous policies with only a small, ‘elite’ group of Bumiputeras enriched.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/01/08/how-innovative-can-glcs-glics-be-under-putera35-zaid-asks/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/01/08/anwar-cabar-glic-glc-perkasa-pembangunan-bumiputera/
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Read More:
https://www.freemalaysiatoday.com/category/nation/2025/01/08/how-innovative-can-glcs-glics-be-under-putera35-zaid-asks/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/01/08/anwar-cabar-glic-glc-perkasa-pembangunan-bumiputera/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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NewsTranscript
00:00Zia Ibrahim has questioned how innovative GLCs and GLICs can be in driving Bhoomi Putra
00:08economy growth under the new Putra 35 initiative.
00:13The former law minister warned that the plan might follow the same pattern as past efforts
00:19in which only Bhoomi Putra's linked to tycoons, the royalty, top politicians, and senior civil
00:25servants would be enriched.
00:28In a Facebook post, Zia asked why the government is doing the same thing over and over again,
00:34adding that the quest to promote Bhoomi Putra's seem never-ending and has failed to produce
00:40meaningful outcomes.
00:42He said the only viable solution was to treat all Malaysians as equals, a stance he claimed
00:48was not favoured by politicians.
00:51Yesterday, Prime Minister Anwar Ibrahim called on GLCs and GLICs to do more to drive innovation
00:59and development in the Bhoomi Putra community.
01:03He said the Bhoomi Putra Economic Council will oversee the implementation of Putra 35,
01:09also known as the Bhoomi Putra Economic Transformation Plan 2035.