Mustapa Mohamed is chairman of Teraju

He will hold the position for 2 years and is tasked to drive the Bumiputera economic agenda along with the Shared Prosperity Vision 2030


JELI MP Datuk Seri Mustapa Mohamed (picture), fondly known as Tok Pa, has been appointed as the Bumiputera Agenda Steering Unit (Teraju) chairman for a period of two years.

The appointment was approved by Prime Minister Tun Dr Mahathir Mohamad, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali in a statement yesterday.

“In line with the agency’s role in leading, driving and coordinating Bumiputera participation in the national economy, I believe he will be able to execute the Bumiputera economic agenda along with the Shared Prosperity Vision 2030.

“With this new leadership, I am sure that efforts implemented by Teraju will enhance the Bumiputera competitiveness, while strengthening the Bumiputera’s position in the national economy,” Azmin said.

Aside from economics, Teraju holds a role in securing livelihoods and raising the Bumiputera’s overall position.

Mustapa holds extensive experience in economics, finance, education and trade.

He first held the position of deputy finance minister from 1993 to 1995, then as the entrepreneur development minister for four years afterwards, until he took the seat of finance minister II from 1998 to 1999.

Mustapa then held the position of minister in the Prime Minister’s Department from 2004 to 2006, before helming the Higher Education Ministry for the following two years.

His next ministerial position was at the Agriculture and Agro-based Industry Ministry for one year before becoming the international trade and industry minister for nine years, from 2009 to 2018 until the change in Cabinet.

He graduated from the University of Melbourne, Australia, with a first-class honours degree in economics and from Boston University with a Masters in Economic Development.

It was reported that he was among the names tipped to replace former Education Minister Dr Maszlee Malik, a rumour which he dismissed.

He was reported to have said he was not too keen on the position and would rather focus on Kelantan.

At the moment, he chairs the Special Parliamentary Committee on Budget, after joining Parti Pribumi Bersatu Malaysia in October 2018.

The education minister post is currently taken by Dr Mahathir, who said he will vacate the seat once a suitable person is found for the portfolio.