Local Firms Should Gain Advantage in Increased Investment in Technology Sector – PM

thecekodok


The surge in investment in the technology sector is paving the way for local companies to shine.


Prime Minister Datuk Seri Anwar Ibrahim highlighted how this progress is creating new opportunities, benefiting society and fostering growth.


He cited CG Global Profastex Manufacturing Sdn Bhd, located in the Prai Industrial Zone of Penang, as a prime example.


The Bumiputera-owned company has grown from serving local firms to exporting its products globally, reaching markets in the U.S., Australia, France, U.K. and China.


80% of its workforce is made up of women, most of whom hold diplomas or degrees.


During a recent visit, Datuk Seri Anwar commended CG Global for its achievements, attributing its success in part to government support through various programmes and incentives.


In addition, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz stressed the importance of gender equality in entrepreneurship.


Under Malaysia's leadership in ASEAN 2025, efforts are being made to ensure that women entrepreneurs receive equal opportunities.