KHAZANAH Nasional Bhd and its investee companies are committed to playing their part in delivering the various initiatives within Budget 2023.

Managing director Amirul Feisal Wan Zahir said through the MySTEP programme, Khazanah will play a key role in providing 35,000 job opportunities.

Under Dana Impak, an allocation of RM1 billion will be utilised for strategic investments across its six themes namely Digital Society and Technology, Quality Health and Education for All, Decent Work and Social Mobility, Food and Energy Security, Building Climate Resilience and Competing in Global Markets.

Of this, RM230 million has been identified for digitalisation and technology, focusing on building up the domestic start-up ecosystem and talent pool, RM200 million for investments in projects which seek to increase agrifood smallholders’ productivity and income, and RM150 million for supporting the development of nature-based solutions for Malaysia’s carbon markets ecosystem.

In a statement today, Amirul said Khazanah’s urban regeneration project ThinkCity will receive RM10 million to transform Kuala Lumpur into a creative and cultural hub.

He said Yayasan Hasanah has been working closely with the government since the beginning of the Covid-19 pandemic to run 177 projects in collaboration with 125 social enterprises and civil society organisations, altogether benefitting 1.2 million Malaysians.

Yayasan Hasanah will receive RM100 million to continue its community-building efforts such as income enhancement, inclusive education and health screening programmes.

Meanwhile, Tenaga Nasional Bhd will pilot rural internet projects benefitting more than 60,000 residents as well as drive the clean energy transition by investing RM165 million in rooftop solar and electric vehicle charging infrastructure until 2025.

“Against this backdrop, the budget has been in line with the focus of the Ministry of Finance to be responsive to the short-term needs of people and businesses, and also on being responsible and reformist in building resilience.

“It forms a comprehensive policy package towards reinforcing Malaysia’s economic recovery, strengthening Malaysia’s overall resilience against future storms, advancing the agenda of inclusive and sustainable development as well as implementing serious reforms for the nation to thrive in the new global environment,” he noted. – Bernama, October 8, 2022.