KUALA LUMPUR: Small and medium enterprises (SMEs) in Malaysia are on track to contribute 41% to the country's gross domestic product by 2020 compared to 32% in 2012, said Minister of International Trade and Industry (MITI) Datuk Seri Mustapa Mohamed.
"Local SMEs are now suppliers for multi-national companies (MNCs) in the global chain. With the exposure and skills obtained, many entrepreneurs have raised their companies' ability to penetrate the export market," he said after opening the inaugural Forum Keusahawanan Malaysia (Fokem) 2014.
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