Thursday, 11 Mar 2021 05:22 PM MYT
Youth and Sports Minister Datuk Seri Reezal Merican Naina Merican said that the scheme, which prioritises owners and operators of sports premises and facilities and to be jointly implemented with National Entrepreneur Group Economic Fund and Bank Rakyat, was also targeted at helping to provide new synergies to industry players through soft loans.
He was confident that the scheme would benefit over 4,200 sports and recreational industry entrepreneurs, especially owners and operators of facilities and premises registered under the Covid-19 Intelligent Management System developed by the Ministry of International Trade and Industry . “I really hope that sports and recreational industry entrepreneurs out there will use this opportunity to revive their business development strategies,” Reezal Merican said.“Medac and I hope that this scheme, through the distribution of RM10 million each to Tekun Nasional and Bank Rakyat will help sports industry owners in the country, especially those impacted by the pandemic,” said Mas Ermieyati.