Govt sets up RM1.2bil Penjana Nasional Fund for business digitalisation

KUALA LUMPUR (Bernama) -- In a bid to drive the country’s economic recovery via digitalisation of businesses, the government will establish the Penjana Nasional Fund, with an allocation totalling RM1.2bil.

Prime Minister Tan Sri Muhyiddin Yassin said RM600 million of the allocation would come from the government, and another RM600 million from domestic and international investors.