Tag Archives: sme master plan
KUALA LUMPUR, Nov 17 (Bernama) — The Ministry of International Trade and Industry (MITI) has targeted to increase the small and medium enterprise (SME) market growth from 6.3 to 9.3 per cent under the SME Master Plan 2012-2020.
Its minister, Datuk Seri Mustapa Mohamed said the SME Master Plan 2012-2020 was aimed at contributing at least 41 per cent to the Gross Domestic Product (GDP) by 2020 from 33 per cent at present.
He said the government would continue to expand financing options for SMEs by providing special funds and schemes either directly or through Bank Negara Malaysia.
“I must stress that SMEs should strengthen their management skills, financial and learning capacities, and fully utilise the support given by the government,” he said at the launch of 27th Asian Credit Supplementation Institution Confederation (ACSIC) Conference 2014 from Nov 16 to 21 here Monday.
His speech was read by MITI secretary-general Datuk Dr Rebecca Fatima Sta Maria.
Mustapa said under... Read More