Internationalisation of High-Growth Enterprises
This strategic thrust aims at creating strategic partnerships and alliances between local and international companies as well as compliance with global standards and quality. Towards this end, two strategies have been adopted, namely:
F1: Facilitate access for local enterprise especially Bumiputera to international market
- Provision of market intelligence and advisory services on international market
- Create an international alternative financing network to support local entrepreneurs who want to venture into international market
- Facilitate compliance of international standard
F2: Promote networking and business collaboration
- Escalate Government-to-Government (G2G) partnership as well as multilateral and bilateral collaboration among local SMEs with APEC and ASEAN member states to address trade barrier and create synergies
- Stimulate private sector-led initiatives through industry chambers and organisations