Tuesday, February 8, 2011

Bumiputra Agenda Unit (Teraju)

PUTRAJAYA: The Bumiputra Agenda Unit (Teraju) has been set up to lead, coordinate and drive the community's participation in the economy. Prime Minister Datuk Seri Najib Tun Razak said Teraju would boost bumiputra economic participation through new and existing initiatives and would propose institutional reforms to increase effectiveness.

Najib said the special unit, under the Prime Minister's Department, was also tasked to look into five areas, namely entrepreneurship and wealth creation, funding, education and employment, institutional and policy instrument review, and stakeholder management.

"Teraju will work with relevant agencies to develop implementation initiatives, review existing programmes and manage the implementation of these programmes. "To be able to understand ground issues and sentiments, it will be crucial for Teraju to engage with non-governmental organisations (NGOs) and stakeholders," he said when launching Teraju after chairing the Bumiputra Agenda Action Council meeting here, Tuesday.

Najib also announced the appointment of Husni Salleh as Teraju chief executive officer. Husni, previously chief executive officer of Malaysia Venture Capital Management Berhad, has more than 20 years of experience in investment and venture capital.

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