Background PKNM

Malacca State Development Corporation (PKNM) was established on 30 April 1971 under Act 1, 1971. MEDC is a state development agency that plays a major role in driving the Melaka State Development through continuous involvement in various economic sectors including Industry, Small and Fair, Trade and Property Development.

In line with the objectives of the New Economic Policy (NEP) in particular to eradicate poverty and restructure society, MEDC is also responsible for promoting Bumiputera participation more actively in the economic sector in line with the efforts to create a Bumiputera Commercial and Industrial Community (BCIC) more sustainable and viable.

Generally, the function and role PKNM based on two (2) items that promote economic sectors and strengthen the socio-economic position to prevent the successful momentum of Malacca as a State which advance, dynamic and progressive.