Monday, October 01, 2012
Chemad
KUALA LUMPUR: Perodua expects the automotive industry in general to receive an indirect boost from Budget 2013 which generally increases disposable income through tax cuts and other goodies provided.
Among the notable proposals is the RM1.9 billion allocated for affordable housing, the 1.5-month bonus to civil servants and the Bantuan Rakyat 1Malaysia or BR1M 2.0 scheme, which is now extended to singles aged 21 years old and earning less than RM2,000 a month, said its managing director, Datuk Aminar Rashid Salleh.
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| Aminar Rashid |
He said the reduction in the individual tax rate by one aggregate point and the continuation of the RM100 to each school-going child will also help in easing the burden of the general population.
Aminar Rashid said an allocation of RM1 billion for the SME Development Fund is most welcome as a majority of Perodua's vendors are under the small and medium enterprises category.
He said the fund will help them invest in new technology, find foreign partners for joint ventures, invest in human capital and upgrade equipment in preparation for market liberalisation as well as becoming globally competitive.
"This is in line with the government's intention to make Malaysia an auto production/manufacturing hub," he added.
He also reacted positively to the RM5.8 billion allocated for tourism.
"We believe this will help spur the transportation sector, including the auto industry to further support the success of tourism in Malaysia," he said.
He said Perudua also supports the direction to improve further on vocational and technical training.
"Perodua would like to work with the relevant Ministries to increase the intake of our current CSR programme, the Perodua Youth Training Programme, along the same objective to train and produce skilled and semi-skilled workers for the auto industry," Aminar Rashid said.
He added that this will help reduce the dependency on foreign workers, especially for the auto vendor community.
-Bernama
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