GEAR-uP shifts into top gear with RM11bil drive


- Bernama

PUTRAJAYA: The Finance Ministry’s government-linked Enterprises Activation and Reform Programme (GEAR-uP) has deployed RM11bil to high-growth sectors such as semiconductors and energy transition, alongside initiatives to uplift underserved communities and develop local talent.

The amount allocated is approximately half of the RM22bil identified for domestic direct investments (DDI), which in turn represents 88% of the RM25bil pledged by six major government-linked investment companies (GLICs) since the programme’s launch in August last year.

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GEAR-uP , investment , Madani , reform

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