MPC urges utilisation of Penjana incentives
KUALA LUMPUR: The National Economic Recovery Plan (Penjana) incentives must be utilised appropriately and wisely to increase productivity at the company level and subsequently contribute to the country’s overall productivity growth, the Malaysia Productivity Corp (MPC) said.
Its director-general, Datuk Abdul Latif Abu Seman said on this note, the MPC affirmed its commitment to assist the government in accelerating the country’s economic recovery.
“We will strengthen collaborative efforts via public and private partnerships in implementing our initiatives and continue working and supporting the nine sectoral productivity nexus and Pemudah (the special task force to facilitate business) in providing a conducive environment for businesses to recover fast and gain higher growth,” he said in a statement.
Abdul Latif said Penjana corresponds with the five strategic thrusts under the Malaysia Productivity Blueprint which foregrounds productivity improvements by means of workforce, digitalisation and innovation, industry accountability, robust business ecosystem, and strong implementation mechanism.
The government’s focus on adoption of technology and digitalisation, unemployment issue, human capacity building, and empowerment of micro, small, and medium enterprises will catalyse the economic rehabilitation process which, in turn, prospers businesses and the public.