Did Bumiputera procurement increase or decrease from 2020 to 2021?

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Bumiputera Procurement Saw an Increase from 2020 to 2021

Sime Darby Plantation Bhd's procurement involving Bumiputera companies rose in 2021 compared to the previous year. In 2021, the total procurement value reached RM558 million, marking an increase of RM195 million from the RM363 million procured in 2020. This upward trend is part of a larger five-year procurement effort by Sime Darby Plantation that has totalled RM2.7 billion.
Procurement Value in 2021

The total value of procurement involving Bumiputera companies in 2021 was RM558 million. This figure represents a significant portion of the company's overall procurement activities and demonstrates continued engagement with businesses owned by Bumiputera entrepreneurs.
Year-on-Year Growth

The procurement figure for 2021 showed a substantial increase of RM195 million when compared to the amount procured in 2020. This growth indicates an expanding commitment by Sime Darby Plantation to support and engage with Bumiputera vendors, fostering their participation in the supply chain.
Five-Year Procurement Total

Over the past five years, Sime Darby Plantation's total procurement involving Bumiputera companies has reached an aggregate of RM2.7 billion. This sustained level of engagement highlights a long-term strategy to integrate Bumiputera businesses into the company's operational framework and supply network.

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Did Bumiputera procurement increase or decrease from 2020 to 2021?

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