KUALA LUMPUR: The budget's focus on boosting Malaysia's competitiveness, promoting inclusive growth and enhancing governance aligns with the Armed Forces Fund Board's (LTAT) commitment to long-term value creation.
With RM440 billion allocated to the domestic capital market and RM120 billion to direct domestic investments in the GEAR-uP programme, LTAT said it is ready to seize new opportunities and contribute meaningfully to national growth.
Chief executive Mohammad Ashraf Md Radzi said as a strategic institutional investor, LTAT will align with national priorities and overarching development goals, while simultaneously securing a prosperous future for our nation's defenders.
"This progressive budget lays a solid foundation for Malaysia's economic advancement and we are excited to play a key role in driving these outcomes. LTAT is optimistic that the budget will accelerate the already strong economic momentum, promote sustainable development which will provide a conducive economic ecosystem for investments to flourish."
"Through our investments, we hope to create value such as reducing the country's dependence on imported critical supplies."
"For instance, Pharmaniaga's production of halal insulin and vaccines locally is a significant step in strengthening the nation's healthcare infrastructure, reducing reliance on imports, and ensuring greater access to affordable and high-quality healthcare for all Malaysians, in alignment with the Budget 2025," he added.
Mohammad Ashraf also said that the LTAT remains dedicated to honouring the sacrifices of its armed forces through sound investments that secure financial independence for veterans and ensure sustainable growth for the well-being of its members and future generations.
"LTAT will continue to ensure that the hard work and sacrifices of our men and women in uniform are acknowledged through effective investment strategies."