Asean SMEs urged to broaden network

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KUALA LUMPUR: Small and medium enterprises (SMEs) in Asean member states have been urged to look at all possible opportunities in the region in order to broaden their network and significantly contribute to the growth of the region as a whole.

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In making the call, SME Corp Malaysia Chairman Tan Sri Ir (Dr) Mohamed Al-Amin Abdul Majid said SMEs play a pivotal role as the engine of growth in all economies of Asean.

He said SMEs should be fully prepared ahead of the formation of the Asean Economic Community (AEC), which aims to increase the international competitiveness of the 10 member nations and make the Asean region an attractive investment location.

“The population of Asean is over 600 million people and the business potential throughout the region is huge, ranging from all manufacturing, services and other sectors,” he told Bernama in an interview.

PNA

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