As a Government Link Company (GLC), Boustead Heavy Industries Corporation Berhad (BHIC) is always mindful of our role and commitment in fulfilling the Government's aspiration to spur economic growth and nurture the development of Small Medium Enterprises (SME). BHIC plays its part in developing local vendors particularly Bumiputera SMEs through Vendor Development Program (VDP) which was launched in 2007.
The program is carried out via Vendor Development Management Department of BHIC and is aimed at upholding the Bumiputera Empowerment Agenda which is monitored by the Ministry of International Trade and Industries and Khazanah Nasional. BHIC takes a comprehensive, multi-pronged approach in its VDP by covering various areas such as training, technical and financial advisory in nurturing the development of our vendors. This stands testimony to our commitment towards supporting Government policies and in developing SMEs by nurturing innovative, reliable, competitive and competent local vendors to attain self-reliance in the maritime defense industry.
The first batch of vendors under the VDP graduated in 2014. BHIC is proud to have produced two National Champions (Daya OCI and Swis Resources) recognised by the Ministry of International Trade and Industry during 2017 GLC ExplorAce.
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