Can MARA serve 1.26 million rural people while maintaining commercial profitability standards?

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MARA's Dual Role in Public Service and Commercial Operations

Majlis Amanah Rakyat (MARA) aims to balance its mandate of providing public services to 1.26 million individuals in rural areas with maintaining commercial profitability standards within its investment sector. The agency's investment sector demonstrated strong performance by achieving 6.0 per cent revenue growth in 2019. MARA's subsidiaries are directed to enhance their capacity for generating substantial dividends for shareholders, actively engage in corporate social responsibility (CSR) for targeted groups, and explore new market avenues beyond their current domains.
Public Service Provision and Socio-Economic Empowerment

MARA's significant contribution lies in its provision of public services to 1.26 million people in rural areas, aligning with the objective of rural socio-economic empowerment. These services are integral to the agency's mission of uplifting communities and ensuring broader access to opportunities for the rural population.
Commercial Performance and Dividend Generation

The investment sector of MARA has shown robust commercial performance, evidenced by a 6.0 per cent revenue growth in 2019. This growth underpins the agency's objective to bolster its ability to distribute high dividends to its shareholders, indicating a focus on financial returns from its commercial activities.
Strategic Exploration and Bumiputera Competitiveness

MARA is actively encouraging its subsidiaries to explore new market opportunities, even outside their established areas of operation. This strategic foresight is intended to ensure that Bumiputera companies remain competitive in the broader business landscape, particularly in the post-Covid-19 economic environment.
Entrepreneurial Support Initiatives

To support Bumiputera entrepreneurs and small and medium enterprises (SMEs) in navigating economic challenges, MARA has implemented several initiatives. These include deferrals of business financing repayments for a period of six months, free rental for premises during April and May, and a 30 per cent discount on premises for four months. Furthermore, the MARA Entrepreneurship Enhancement Programme was introduced to help Bumiputera SMEs manage the impacts of the pandemic.

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Can MARA serve 1.26 million rural people while maintaining commercial profitability standards?

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