The government has prioritised efforts to upgrade the size of Micro, Small and Medium Enterprises (PMKS) as a key focus under the 13th Malaysia Plan (13MP) to strengthen the sector.
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said this focus is crucial as medium-sized enterprises generate an added value of RM8.5 million, compared to only RM0.9 million for small enterprises and RM0.2 million for micro-enterprises.
He made these remarks in a statement after chairing the National Entrepreneur and PMKS Development Council (MPUPK) Secretariat Meeting today.
During the meeting, the Securities Commission (SC) presented insights on the alternative financing ecosystem, which includes equity crowdfunding, peer-to-peer financing, venture capital, and public equity—sources that accounted for 58% of capital market fundraising last year.
“SC also shared its roadmap to increase capital market fundraising to RM40 billion by 2028 to support 28,000 PMKS and mid-tier companies,” Ahmad Zahid said.
As Chairman of MPUPK, he highlighted that SME Corp Malaysia has outlined four key initiatives under the SME Scaling Strategy for RMK-13, which spans from 2026 to 2030.
The initiatives include identifying at least 500 firms for targeted programmes, strengthening existing SME development policies, ensuring active participation from the Ministry of Entrepreneur Development and Cooperatives and SME Corp Malaysia in international trade agreements, and enhancing collaboration with halal certification agencies.
Additionally, the government aims to reinforce SME development through strategic partnerships and by streamlining regulatory frameworks to create a more conducive business environment.
Source: https://www.businesstoday.com.my/2025/02/18/scaling-up-smes-a-key-focus-in-13mp-says-zahid/