What specific role will TERAJU play in the PuTERA35 plan?

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TERAJU Will Drive the Bumiputera Economic Transformation Plan 2035 Through Key Initiatives and Enhanced Oversight

The Bumiputera Agenda Steering Unit (TERAJU) is set to play a pivotal role in advancing the Bumiputera Economic Transformation Plan 2035 (PuTERA35). This strategic repositioning under the Prime Minister's Department is intended to bolster the supervision of Bumiputera development programmes, with a particular focus on the PuTERA35 initiatives. TERAJU's objective is to foster the growth of Bumiputera enterprises, aiming to produce 20 publicly listed Bumiputera companies as part of this transformation agenda.
Advancing the PuTERA35 Agenda

TERAJU's placement under the Prime Minister's Department signifies a strengthened framework for overseeing Bumiputera economic development. This move is designed to enable the agency to build upon its existing achievements and expedite progress towards the goals outlined in PuTERA35. The fundamental structures for TERAJU's operations are in place, with a clear direction for future efforts and established key programmes.
Execution of Key Programmes

The focus for TERAJU moving forward will be on the execution of its established programmes, which include XCELERATE and the Bumiputera Strategic Acquisition Fund (BSAF). These initiatives are integral to achieving the PuTERA35 agenda. The agency's aim to generate 20 publicly listed Bumiputera companies underscores its commitment to enhancing Bumiputera participation in the capital markets and fostering commercially strong enterprises.
Strengthening Bumiputera Companies for Capital Markets

To support the PuTERA35 aspiration, TERAJU is encouraging Bumiputera companies to integrate the capital market into their long-term growth strategies. This involves strengthening corporate governance, developing professional leadership, improving financial discipline, and investing in innovation. These qualities are crucial for attracting investors and ensuring that companies are not only financially robust but also credible, resilient, and capable of delivering sustainable value to contribute to national prosperity.

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What specific role will TERAJU play in the PuTERA35 plan?

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