KWAP’s Dana Pemacu to boost private markets

KWAP chief executive officer Datuk Nik Amlizan Mohamed.

PETALING JAYA: The Retirement Fund Inc’s (KWAP) Dana Pemacu strategy is expected to strengthen Malaysia’s private markets ecosystem, says Finance Minister II Datuk Seri Amir Hamzah Azizan.

“The launch of Dana Pemacu by KWAP is in line with the broader reforms by the government to optimise government-linked investment companies institutional funds to spur investments into high growth Malaysian companies, contributing to initiatives which raise the ceiling under the Madani Economy framework,” he said at the global forum on Islamic economics and finance here yesterday.