Business
MARA business premises rake in RM2.2b sales in 2023, create nearly 15,000 jobs, Parliament told
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Entrepreneurs renting MARA business premises generated RM2.2 billion in sales in 2022 and RM1.01 billion as of June 2023, a 5.6% year-on-year increase. These businesses also created 14,943 jobs nationwide. While demand for MARA premises remains high, limited space and the need for infrastructure upgrades in older buildings pose challenges. A RM50 million allocation has been requested under the 13th Malaysia Plan for upgrades. MARA is reviewing its allocation policy to prioritize Bumiputera entrepreneurs and potentially limit rentals to government agencies.
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