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kuala lumpur: Perbadanan Nasional Bhd (Pernas) aims to produce 5,000 franchise entrepreneurs with over 90% micro, small and medium enterprises (PKMS) involvement by 2025.
Deputy Entrepreneur and Cooperative Development Minister Datuk R. Ramanan (Pix) The company said this target also includes total shareholder funds of RM1.47 billion.
“Pernas was founded in 1969. It has been 55 years since this agency was founded and since 2000 it has become a very important agency for the franchise industry. The franchise financing provided amounted to RM441 million, with a total investment of RM709 million.
“From that number, more than 5,000 entrepreneurs were produced and 35,000 job opportunities were created,” he told reporters after visiting Pernas today.
He said that Pernas is a very important institution that develops and expands the franchise industry and its entrepreneurs, thereby contributing to the improvement of the country’s economy.
“Our mission is to develop franchise entrepreneurs, especially PMKS, to a higher level. Opportunities are available to everyone. You have to take advantage of them and work hard… We want them to We want to be able to penetrate supermarkets and hypermarkets, including airports, rather than just being in food stalls.
“Pernas also organizes various support programs such as the B40 Empowerment Program which is held not only in Kuala Lumpur but also in other states… We also hope that more job opportunities will be created in the future. ” he said.
In another development, Mr. Ramanan said that as per the cabinet decision, the Franchise Act, 1998 has now come under the purview of the Ministry of Entrepreneurship Development and Cooperatives.
Previously, franchise laws were under the jurisdiction of the Ministry of Domestic Trade and Living Expenses (KPDN).
Ramanan also said Entrepreneurship Development and Cooperatives Minister Datuk Ewon Benedick will announce Pernas’ replacement for the vacant CEO position in the next day or two. –bernama
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