ANGKASA confident new MEDAC minister can strengthen cooperatives sector

KUALA LUMPUR: The Malaysian National Cooperative Movement (ANGKASA) believes the experience and ideas of the new Minister of Entrepreneur Development and Cooperatives (MEDAC) Tan Sri Noh Omar can strengthen the entrepreneurship of cooperatives.

His appointment will help raise the standard of living of cooperative members as well as the socio-economic wellbeing of the people in general through the platform of cooperatives, said president Datuk Abdul Fattah Abdullah.

"The appointment of Noh is like a homecoming for him as he had held the same portfolio from 2008 to 2009. He was also appointed the chairman of Perbadanan Usahawan Nasional Berhad (PUNB) on June 23, 2020," he said in a statement.

ANGKASA also welcomed Deputy Minister of MEDAC Muslimin Yahaya to the effort of bringing the cooperative movement to the next level.

Abdul Fattah said the positive momentum of the cooperative sector should be enhanced so that it can meet the government's target for the industry to contribute RM60billion to gross domestic product (GDP) in 2025.

ANGKASA said it will always give full cooperation to MEDAC and its agencies so that the development agenda of the cooperative movement is in line with the government's strategies and targets to put the economy back on track post-pandemic.

-- BERNAMA