'Congress to review bumi economic transformation, not replace NEP'

The Bumiputera Economic Congress 2024 (BEC) is aimed at reviewing the bumiputera economic transformation by correcting its shortcomings in terms of implementation and not replacing the New Economic Policy (NEP).

Foreign Minister Mohamad Hasan said this was because the congress’ main objective was to restructure the participation of bumiputera in the economic sector more openly and transparently.