Mara Act to be amended to ensure relevance, strengthen governance, says Zahid


BERNAMApic

PUTRAJAYA: The  Majlis Amanah Rakyat (Mara) Act 1966 will be amended to ensure the agency remains relevant and is administered with good governance, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pic).

He said the move is crucial as Mara is a conglomerate with assets exceeding RM23bil.

"It must be managed in the best possible way and return to its original core business, in line with the purpose for which it was established.

"The mistakes of previous leaderships must be corrected," he told reporters after the Rural and Regional Development Ministry’s monthly assembly here on Tuesday (Nov 11).

"We must prove that Mara is on the right track and, InsyaAllah, with the assets it possesses, the investments made and the profits generated, it will be able to stand on its own to finance all the initiatives set by the Bumiputra Economic Congress," added Ahmad Zahid, who is also Rural and Regional Development Minister.

Ahmad Zahid said Mara has been given six months to draft a Bill for the amendment.

Meanwhile, he said the amendment to the Orang Asli Act 1954 is now in the final stages and has been approved by the state governments.

"The most important aspect is obtaining approval from the state governments, as the amendment involves land matters and several issues under their jurisdiction.

"At the ministry and Orang Asli Development Department (Jakoa) levels, all matters have been resolved, and I have also presented the proposal at the recent Mentri Besar Conference," he said.

The amendment to the Orang Asli Act 1954 aims to protect and enhance the rights of the Orang Asli community, covering seven key aspects, namely land, education, health, economy, leadership, infrastructure and culture. – Bernama

 

 

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Selangor fully recovers from floods, fewer evacuees in Perak
Police investigate suspected arson linked to loan sharks in Taman Universiti fire
Pahang engineer encounters intruder in living room
Selangor to see more growth with new industrial park in Banting
Minimising car damage when caught in floods
Plan to tackle food insecurity in the works
Over 27,000 burst pipes reported in Negri since 2021
Experts laud new traffic summons system
When charges go unchecked
Over 140,000 visited Melaka via cruise ships

Others Also Read