SHAH ALAM — Pelaburan Hartanah Berhad (PHB) has forged strategic partnerships with the Ministry of Entrepreneur and Cooperatives Development (KUSKOP), Perbadanan Usahawan Nasional Berhad (PUNB) and Credit Guarantee Corporation Malaysia Berhad (CGC) to strengthen the development of Bumiputera vendors through the PHB Bumiputera Vendor Development Programme.
The collaboration aims to establish a more comprehensive vendor ecosystem through capacity-building support, access to financing and markets, business mentoring and enhanced competitiveness, enabling Bumiputera vendors to become more resilient, sustainable and capable of expanding their businesses.
Under the initiative, PHB will also serve as an anchor company under KUSKOP’s Vendor Development Programme, in line with efforts to broaden Bumiputera entrepreneurs’ participation in the country’s supply chains and strategic industrial sectors.
The partnerships were formalised through an exchange of a Memorandum of Understanding (MoU) between PHB and KUSKOP, a Memorandum of Collaboration (MoC) between PHB and PUNB, and a Letter of Intent between PHB and CGC on Nov 2, 2026.
The collaboration with KUSKOP will focus on facilitating programmes and expanding strategic networks to strengthen vendor development.
Meanwhile, the partnership with PUNB will focus on providing financing facilities and business capacity-building to enhance entrepreneurs’ capabilities, as well as strengthen vendors’ resilience and competitiveness.
The collaboration with CGC, in turn, will facilitate access to financing solutions and business development support to drive their growth.
The signing ceremony was officiated by KUSKOP Secretary-General Datuk Seri Khairul Dzaimee Daud. Also present were PUNB Chief Executive Officer Izwan Zainuddin and CGC Chief Business Officer Sean Tan.
PHB was represented by its Group Managing Director, Mazuki Abdullah @ Muhammad.
Mazuki said sustainable Bumiputera economic development required synergy between the government, corporate sector and business community to ensure wider access to growth opportunities.
“Through this initiative, we hope to help develop more resilient and competitive Bumiputera vendors who are ready to seize new growth opportunities,” he said.
He said the initiative also supported the aspirations of the Bumiputera Economic Transformation Plan 2035 (PUTERA35) to develop an inclusive, high-value and sustainable Bumiputera economic ecosystem.
The programme also emphasises enhancing business competencies, strengthening operational capabilities, digitalisation, technology adoption and good governance practices, as well as Environmental, Social and Governance (ESG) principles, to ensure participating vendors can meet current business requirements and grow sustainably.
