We must agree with Chua Soi Lek on need to review the 30% Bumi Equity.

Chua Reiterates Need To Review 30 Per Cent Bumiputera Equity

KUALA LUMPUR, Oct 10 (Bernama) -- MCA chief Datuk Seri Dr Chua Soi Lek Sunday reiterated the need for the government to review the 30 per cent Bumiputera equity target in line with the Economic Transformation Plan (ETP).
He said this was also to allow the economic cake of the country to expand further and to achieve its target of high income growth of six per cent annually.
He said the 12 major economic sectors under the National Key Economic Areas (NKEAS) including oil and gas and telecommunication, should also be liberalised.
Speaking to reporters after the conclusion of MCA's 57th annual general meeting at Wisma MCA here, Dr Chua these were crucial elements to quantum leap the country into a high-income developed nation.
"Every Malaysian is the shareholder of the country. So when there is a good economic growth, everybody would get a good slice of the economic cake.
"But if we are unable to liberalise and achieve good economic growth, then the economic cake and the slice that we have would be very limited," he said.
However, Dr Chua stressed that this did not mean "robbing Ali to pay Ah Chong or vice versa".
When asked whether the party was ready to disagree with UMNO on certain national issues, Dr Chua said MCA, as a mono-ethnic political party in a multiracial country, there should always be the need to accept the political varieties of all parties, adding that national interests should be above parties' interests.
tunku : i agree with chua soi lek, lets review the 30 per cent bumiputera equity policy, it is not applicable anymore.the percentage should match the population percentage.that means bumi equity should be at least 60% to be fair.the 30% is not fair to the bumis.chua soi lek, be grateful and look around.