Don't only help your own race, make SPV 2030 a success, PM tells private sector

  • Nation
  • Saturday, 05 Oct 2019

KUALA LUMPUR: The private sector is also to be blamed for Malaysian prosperity not being shared justly and fairly, says Tun Dr Mahathir Mohamad.

The Prime Minister said the private sector has to play a crucial role in the Shared Prosperity Vision 2030 (SPV 2030) by moving away from doing businesses and awarding contracts along ethnic lines.

"Private sector is a very important thing (in SPV 2030). The focus is what is the government going to do.

"Only government contracts are subjected to fulfil the SPV 2030. The private sector should also do it. They should also give to other races.

"The private sector tends to give contracts only to their own people - the Malays give to the Malays, the Chinese give to the Chinese. It should not be like that," said Dr Mahathir.

He was speaking to the media after launching the government's new vision for the next decade - SPV 2030 - a blueprint of equal and just wealth and opportunity for all Malaysians at the Kuala Lumpur Convention Centre here Saturday (Oct 5).

"More people of different races participating in private sector companies should not say this is a Chinese company, this is a Malay company. It should not be like that. All people with the right qualifications should be given a chance and not discriminated against.

"The private sector should play their role. For now, it is only the government (playing the role). Only the government must give the contract to so and so, the government must correct the imbalance but the imbalance (of unjust economic distribution) is also caused by the private sector," said Dr Mahathir.

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