Do the right thing, Soi Lek tells PM
By Melissa Chi, The Malaysian Insider
MCA president Datuk Seri Dr Chua Soi Lek said the government must “do the right thing” when calling for “execution” of the New Economic Model (NEM) and the 10th Malaysia Plan (10MP).
He dissected the 10MP with criticisms and suggested tweaks, peppering his speech at the Chinese Economic Congress here today with “sir’s” to Prime Minister Datuk Seri Najib Razak.
“Our immediate priority is to jointly grow the economic pie, instead of noisily debating over which slice we deserve. Make no mistake, failure is not an option,” Dr Chua stressed.
He called for the prime minister’s support for government-linked companies (GLCs) to include more non-Bumiputeras and international expertise on their board of directors.
“It is important also that GLCs open up their procurement system to include SMEs based the quality of their service and products… rather than based on race or equity requirement,” he said.
Dr Chua highlighted such openness would increase competitiveness and productivity.
“Rather than enforcing the 30 per cent Bumi equity requirement across the board, a more flexible system in the form of a margin of preference system should be implemented on a sector-by-sector basis,” he said.
