KUALA LUMPUR: Bank Pembangunan Malaysia Bhd is focused on strengthening the mandate entrusted by the government, to support and align with the Madani Economy framework, as well as the New Industrial Master Plan 2030 and the National Energy Transition Roadmap (NETR).
Bank Pembangunan group chief executive officer Roni Abdulwahab said it is committed to support the 2025 Budget which he said is reflective of the government's commitment to accelerating the country's economic growth.
"The budget mandates Bank Pembangunan to allocate up to RM6.4 billion of targeted financing towards high impact development projects through seven strategic programmes," he said.
Of the RM6.4 billion available capital allocated by Bank Pembangunan, RM1.0 billion will be earmarked for the Bumiputera Economic Development Programme and the Renewable Energy and Transition Programme which will support energy- related activities under NETR.
"As one of the nation's leading development financial institution, Bank Pembangunan has played a key role in supporting the country's development over the last 50 years.
"With this budget, we renew our commitment to working closely with the government to drive robust growth for Malaysia and to continue delivering impact capital for national development, fully aligning with the objectives of Ekonomi Madani," he added.