Smaller bumi firms urged to part­ner big­ger, suc­cess­ful coun­ter­parts

The Star Malaysia - StarBiz - - News -

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

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