September 24, 2023

New Malaysia Times

Blog News Impose Expose

TERAJU committed to wooing youths into new sectors


KOTA KINABALU, June 26 — The Bumiputera Agenda Steering Unit (TERAJU) says it is committed to encouraging youths to venture into new economic sectors including healthcare, pharmaceuticals, engineering services, aerospace, and aquaculture in the 2020-2030 period.

TERAJU CEO Md Silmi Abd Rahman told reporters after visiting Anjung Selera here that under the Bumiputera Economic Transformation 2.0 Roadmap, these sectors are seen as having good future potential.


He said TERAJU will continue to empower the Bumiputera economy in the state with an allocation of RM7.5 million for the Bumiputera Entrepreneur Development Fund (DPUB), which aims to help the B40 group grow their businesses through its business modules.

He said the RM13.5 million project to upgrade the Anjung Selera building, begun on Sept 18, 2017, and completed on March 31 last year, is a TERAJU project under the DPUB fund with the collaboration of the state government through Sedcovest Holdings Sdn Bhd.

The building has 64 commercial lots including food and beverage outlets, retail shops, and entrepreneur kiosks, as well as a multi-purpose room, a surau, a mini-market, and an open stage.  

TERAJU is a strategic unit under the PMO to spearhead the country’s Bumiputera’s economic participation, established in 2011.

TERAJU is mandated to pursue five key thrusts, including strengthening human capital, promoting higher value employment and income, increasing Bumiputera share and value of corporate equity, strengthening entrepreneurship, and increasing ownership of non-financial assets.