Smaller bumi firms urged to partner bigger, successful counterparts
KUALA LUMPUR: Smaller bumiputra companies, especially those in the construction industry, need to partner and network with the “big boys” to secure major projects, said Second Finance Minister Datuk Seri Johari Abdul Ghani.
He said by doing this, they can be on par with the big companies and together become successful.
“Big companies (bumiputra) that are already well known locally and internationally will normally be given major projects, either government or non-government. This is because they have been delivering good, efficient and quality services.
“Therefore, it is also their responsibility to not forget those newcomers or smaller companies in the same industry, that wish to climb the ladder to the top,” he told Bernama recently.
Johari said by working hand-in-hand, both contractors and sub-contractors can win a bid, for example, for RM300mil worth of jobs or maybe more.
“Once the sub-contractors are able to deliver on the work given, they can easily depend on themselves and bid for projects on their own, moving forward. This is much better than the sub-contractors being isolated from the industry players and blaming the government for not handing out projects,” he added. — Bernama