The New Industrial Master Plan 2030 which requires RM95 billion worth of investment over the next seven years offers new opportunities for banks and the capital market to innovate and offer the right financing products to finance new sectors and technologies.
He said while financial institutions are always looking at shorter-term gains, the whole sector must also take a more long-term perspective in funding these structural reform agendas. “In achieving this, the government has also recognised the importance of small and medium enterprises and the need to scale up to increase their contributions to the sector and the overall economy.”
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