PUNB allocates RM40mil to help bumi entrepreneurs in auto sector

KUALA LUMPUR: Perbadanan Usahawan Nasional Bhd (PUNB) will give out up to 20%, or RM40mil, from its 2017 loan allocation of RM200mil, to help bumiputra entrepreneurs in the motor vehicle sector.

Chairman Tan Sri Mohd Ali Rustam said a portion of the allocation could be for modernisation of selected workshops and towards improvement of services rendered by bumiputra mechanics.

“It’s hard now to get bumiputra mechanics in the niche market to repair modern, advanced and high-performance cars like Mercedes, BMW and Porshe.

“The assistance will enable capable bumiputra mechanics to equip their workshops with suitable equipment needed to allow repair of such models,” he told reporters on the sidelines of the Auto Forum 2016 here. About 300 bumiputra car entrepreneurs attended the forum. Meanwhile, PUNB chief executive officer, Datuk Dzulkifli Fadzilah, said the allocation for the car sector next year might be increased depending on the requirement. “PUNB and Malaysia Automotive Institute will cooperate. Besides the workshop modernisation programme, efforts on advanced repair training and enhancement of human capital may also be involved,” he said. — Bernama

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