Parliament: Muhyiddin calls for review of role of GLCs, GLICs

Published on 30 Sep 2021 4:26:41 PM

The role of government-linked companies (GLCs) and government-linked investment companies (GLICs) must be reviewed to ensure that all government assets can be optimised to support the development of national infrastructure and economic recovery, says Tan Sri Muhyiddin Yassin.

The former prime minister said that in debating the 12th Malaysia Plan (12MP) in the Dewan Rakyat on Thursday, adding that GLCs should not be competing with the private sector in the move to strengthen entrepreneurship in the country.

The Pagoh MP also said the government needs to take proactive measures under the National Employment Council to reach the target of creating a total of 500,000 job opportunities this year.

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