Govt Like To See Entrepreneurs With Minimal Assistance, Says Minister

KUALA LUMPUR, May 21 (Bernama) -- The Government will like to see the emergence of a bigger number of entrepreneurs who can forge their way forward with minimal assistance, Second Finance Minister Ahmad Husni Hanadzlah said on Monday. He said this would signal the birth of newfound confidence among the entrepreneurs community to evolve themselves into entreleaders. "We need entreleaders, entrepreneurs who are leaders, not followers," he said when opening the International Directors' Summit 2012 themed "Awakening the Corporate Entrepreneurship for High Income Economy." The two-day summit is jointly hosted by the Malaysian Directors Academy (Minda) and the Asian Strategy and Leadership Institute (Asli). Ahmad Husni said Malaysia is about to launch its Third Industrial Revolution following the success of the Second Industrial Revolution. "This revolution requires us to expand our capabilities in research and development, add value to our products and services and extend our reach to higher competition. "In this heroic effort, we need entrepreneurs who can produce market- leading products and create new value propositions to our economy," he aaid. Speaking to reporters later, Ahmad Husni said the private sector was the key driver to transform the country into a high-income economy. He said the target was achievable if the focus of transforming was shifted from the government to the private sector. "It's no longer government because government shouldn’t be in business. I am optimistic the private sector is ready for the high-income economy concept," he added. -- BERNAMA