BUSINESS

SABAH GOVT, MPC COMMITTED TO ENHANCING REGULATIONS FOR CONDUCIVE BUSINESS ECOSYSTEM

04/03/2024 09:15 PM

KOTA KINABALU, March 4 (Bernama) -- The Sabah government and the Malaysia Productivity Corporation (MPC) are committed to enhancing regulations to create a more conducive business ecosystem to boost productivity, economic growth and high-impact investments in the state.

Chief Secretary to the Government Tan Sri Mohd Zuki Ali said that to ensure these efforts are realised, the MyMudah@PemudahCara Sabah Maju Jaya (SMJ) Conference was held today for experts to discuss various related issues.

"Today's conference manifests the government's initiative across national and state levels to ensure that public services are conducted with integrity, efficiency, and transparency for the business community and society.

"Besides that, this initiative reflects the solid collaboration between the government and the private sector, based on the whole-of-nation approach in the commitment to develop Malaysia," he said during today's MyMudah @ PemudahCara SMJ 2024 Conference opening ceremony.

He said the initiative was a non-fiscal government approach to help industry players and businesses by identifying and reducing unnecessary regulatory burdens to minimise compliance costs, create job opportunities and spur economic growth.

Sabah state secretary Datuk Seri Safar Untong said the state government introduced a platform with objectives and goals aligned with MyMudah as an initiative to improve business affairs in Sabah known as 'PemudahCara SMJ'.

"PemudahCara SMJ is a manifestation of the cooperation between the public and private sectors in improving governance and providing a platform to receive suggestions for enhancing the quality of regulations and allowing industry players to propose new business initiatives," he said.

MPC director-general Zahid Ismail said that Sabah's productivity could increase through close cooperation between sectors and industries, districts, states and federal government and across existing differences.

He said other measures to improve productivity include changing mindsets and better and continuous administrative practices, adding that interventions or changes should start with small-scale trials to measure their effectiveness and impact.

"MPC is committed to driving the country's productivity towards achieving the target growth of 3.7 per cent annually in the 12th Malaysia Plan through productivity enhancement programmes such as talent development, technology adoption and regulatory reform," he added.

-- BERNAMA

 

 

 

 

 


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