KOTA MARUDU: Establishment of co-operatives in Malaysia is part of the government’s effort to promote national development through entrepreneurship.
The move, according to Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili, allows small investments made by shareholders to develop its members mutual needs.
“The co-operative’s products are based on the powerful idea of its members, that together, they can achieve all goals that none of them could achieve alone,” he said.
To date, there are 1,377 co-operatives in Sabah with some 350,000 members, of which 56 are actively operating here with 6,500 members.
In calling on locals here to join in cooperative movements, he said their idle lands would be put into good use.
“Kota Marudu has vast undeveloped land, which can be developed for agricultural activities, or be involved in fisheries,” he said at the closing of the ‘Program Prihatin Terhadap Koperasi dan Masyarakat’ organised by the Co-Operative College of Malaysia, Sabah Zone at the community hall, here, Friday.
Ongkili, who is also the member of parliament for Kota Marudu, said the co-operative movements are no longer just for the older community, but also to encourage the younger generation to gain skills in entrepreneurship.
Currently, the Co-operative College of Malaysia is doi g a roadshow to promote its activities and benefits to the people.
CCM Director General Associate Professor Dr Abdul Rahman Abdul Razak Shaik believes that with the continuous support from local leaders, the existing co-operatives in their respective districts would be able to serve its members well.
Meanwhile, Ongkili also presented aid to 101 villagers from Pitas and here who were involved in the flood.