NCIA: Budget 2021 will provide catalyst for business community post-Covid-19 | Malay Mail

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NCIA: Budget 2021 will provide catalyst for business community post-Covid-19

Friday, 20 Nov 2020 04:38 PM MYT

Northern Corridor Implementation Authority chief executive Datuk Seri Jebasingam Issace John said that the budget that has been laid out will attract investment, as well as put businesses on a good trajectory. He added that moving forward, NCIA’s key focus would be on job creation and retention, as well as to strengthen policy to attract more high-quality investment.

Meanwhile, Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said with a higher allocation of RM69 billion for development expenditure under Budget 2021, it will accelerate the construction industry from 18.7 per cent contraction in 2020 to 13.9 per cent expansion next year.

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