Carve-out initiatives are aimed at increasing the participation of Bumiputera companies in the government’s mega projects and GLC.
This step is consistent with TERAJU’s role to help provide opportunities for Bumiputera companies to grow their business.
This initiative is based on the six principles of the Bumiputera Economic Transformation plan; market-friendly, needs-based, merit-based, transparent, competitive, pro-growth and sustainable development.
In 2012, TERAJU collaborated with MRT Corp to implement the MRT Sungai Buloh-Kajang line. In this collaboration, MRT Corp has allocated RM9.1 billion or 47 per cent of the project work packages to 159 Bumiputera contractors