The DUB Programme provides financial assistance to Bumiputera companies in NCER to enable them to be more competitive and catalytic in the implementation of projects, as well as generate more job opportunities at the local level.
The following are just a few of DUB’s success stories so far:
MBIAB Ventures is a strategic partnership between Art Best Sdn Bhd and Kedah state subsidiary, Menteri Besar Kedah Incorporated (MBI Kedah).
The company is utilising DUB for the development of the Eagle Nest Skywalk, set to be the world’s longest free-standing cantilever glass skywalk. Located at Gunung Mat Chinchang, which is part of the Langkawi UNESCO Global Geopark, Eagle Nest Skywalk will be perched on a stunning site which offers a spectacular view and a thrilling experience for visitors.
This project is expected to propel Langkawi’s global image to greater heights and will be developed by experienced, award-winning industry professionals who worked on other similar attractions in Malaysia, such as the Langkawi SkyBridge, Langkawi SkyGlide, Penang Hill Funicular, revitalisation of KOMTAR Tower, and Rainbow Skywalk at KOMTAR, among others.
Eagle Nest Skywalk will involve a total investment of RM30 million and is expected to create 25 new jobs for the local community once it is completed and opened to the public in March 2021.
Ayam Bismi is a leading Bumiputera company in the northern region involved in poultry farming and processing.
The company is utilising funds from DUB to help enhance its chicken processing capacity through the construction of a new processing plant in Alor Setar, Kedah, as well as installation of machineries and procurement of commercial vehicles.
Through this project, Ayam Bismi will be able to double its processing capacity to 30,000 birds per day to cater to market demand, especially from Kedah and Perlis.
The project will involve a total investment of RM8.2 million and is expected to create up to 60 new jobs for the local communities once completed in 2020.
Ayam Bismi will also help create new entrepreneurship opportunities for those who are interested in setting up Ayam Bismi outlets through their Business Transformation Programme.
Based in Behrang, Perak, Usaha Strategik is involved in the trading and processing of empty fruit bunch (EFB) into biomass pellets.
In 2016, the company signed an MOU with two Japanese companies (Nissin Shoji Co. Ltd and Japan Bioenergy Co. Ltd) to supply EFB biomass pellets to Japan. To fulfil the demand from both companies, Usaha Strategik is now planning to set up a new factory and will utilise funds from DUB to install two complete pelletising systems for palm oil biomass.
This project will have a total investment value of RM7.5 million and is expected to create up to 20 new jobs for the local community.