AI Summary
Tekun Nasional has allocated RM500 million for its Kontrak-i financing scheme in 2024 to support contractors undertaking projects from local authorities (PBT). This amount may increase by RM100 million if needed. This initiative, part of a RM1 billion total allocation, prioritizes Kontrak-i entrepreneurs. A strategic partnership with PBTs nationwide aims to expand the scheme's reach and improve information access for contractors. Tekun Nasional has supported 602,000 entrepreneurs over 23 years, with an 80% success rate.
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