The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) welcomes the recent passage of the Iltizam Bill 2025 in Dewan Negara. This landmark legislation marks a significant step toward enhancing public service efficiency, transparency and accountability, fostering a more business-friendly environment in the country.
ACCCIM President Datuk Ng Yih Pyng highlighted five key aspects of the Iltizam Bill that will strengthen Malaysia’s economic competitiveness and benefit the private sector:
ACCCIM President Datuk Ng Yih Pyng said: “The Iltizam Bill 2025 is a crucial reform that will enhance Malaysia’s public sector efficiency and governance to enhance business cost competitiveness in driving both FDIs and Domestic Direct Investment. Its success hinges on effective tracking and execution as well as regularly review. ACCCIM looks forward to continued engagement and collaboration with the government agencies to ensure seamless implementation.”
ACCCIM remains committed to engaging regularly with the government agencies to realise the Bill’s full potential, fostering a productive and innovation-driven economy for all Malaysians.