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GLICs, GLCs to catalyse domestic economy with additional RM120bil investments

KUALA LUMPUR: Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over the next five years.

The Star MalaysiaThe Star查看原文 ↗
政府关联公司和政府联营公司将通过额外1200亿令吉的投资来促进国内经济发展。

Finance Minister II Datuk Seri Amir Hamzah Azizan

KUALA LUMPUR: Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over the next five years.

Finance Minister II Datuk Seri Amir Hamzah Azizan said more than RM20 billion was invested last year, with a similar level expected this year.

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