KUALA LUMPUR, April 10 (Bernama) -- The Ministry of Domestic Trade, Co-operatives and Consumerism (MDTCC) targeted the franchise industry to contribute RM26 billion to gross domestic product (GDP) this year, supported by the franchise master plan launched early last year.
Its Minister Datuk Seri Ismail Sabri Yaakob said the target was higher than the RM23.6 billion achieved last year, which was aided by the introduction of the franchise micro-financing worth RM8 million to assist small businesses.
"To date, a total of RM6 million out of the RM8 million had been utilised and provided benefits to 221 franchisee enterpreneurs," he told a news conference after the pre-launch ceremony for Franchise International Malaysia (FIM) 2013 here Wednesday.
Also present were Malaysian Franchise Association (MFA) Chairman, Abdul Malik Abdullah and Perbadanan Nasional Bhd Managing Director, Syed Kamarulzaman Syed Zainol Kodki Syahabudin.
Ismail Sabri said the government had also planned various franchise development programmes this year such as 1Malaysia Franchise Roadshow, Franchise Community and 1Malaysia Franchise Station to help in promoting the industry to the public.
Meanwhile, on FIM 2013 exhibition, he said his ministry targeted to rake in some RM370 million worth of trade transactions this year, an increase of RM18 million compared with RM352 million recorded in the previous edition.
He said the FIM 2013, which will be organised by MDTCC and MFA at the Putra World Trade Centre (PWTC) on Sept 20-22, aimed to attract 130 exhibitors and over 12,000 visitors during the programme.
Last year, the exhibition was participated by 115 exhibitors and attracted more than 10,000 visitors.
He also said that Malaysia will also play host to the World Franchise Council and Asia Pacific Franchise Confederation meeting which will be held concurrently with the 20th edition of the FIM.
-- BERNAMA
No comments:
Post a Comment