BUTTERWORTH, Nov 7 (Bernama) -- The government will be adding another
RM500 million to the Teras (High-Performing Bumiputera Companies)
Funding Programme to enable more companies to be developed via the
programme.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=707672
Published: November 08, 2012
Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop
said the additional funds will be channelled into the programme once the
existing RM500 million fund is fully utilised.
He said the additional funding also reflected the good response the
programme has been receiving from Bumiputera small and medium sized
enterprises.
"The Teras progamme has shown good success and the government has
indeed been planning on increasing the funding by another RM500 million
to enable many more Bumiputera companies to be established through the
programme.
"The government will channel the funds through the Bumiputera Agenda
Steering Unit (Teraju) which has been tasked with managing the Teras
programmes," he told reporters after launching the Newspaper in
Education (NIE-NST) sponsorship programme for schools under the Tasek
Gelugor parliament constituency here Wednesday.
-- BERNAMA
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