Govt's 4 entites to improve economy of Bumiputeras

Majlis Amanah Rakyat (MARA) is among the four special purpose entities.

KUALA LUMPUR: The government has provided four special purpose entities -- Majlis Amanah Rakyat (MARA), Ekuiti Nasional Bhd (EKUINAS), Bumiputera Agenda Steering Unit (TERAJU), and Pelaburan Hartanah Bhd (PHB) -- to boost the economy of Bumiputeras, said Deputy Minister in the Prime Minister's Department (Economy) Arthur Joseph Kurup.

"Various initiatives have been implemented to improve the standard of the Bumiputera economy, especially in the fields of education and human capital, entrepreneurship and business, wealth ownership and corporate equity ownership,” he told the Dewan Rakyat here, on Wednesday.