Some of the Youth delegates at the UMNO General Meeting are really pathetic. They try to get some political mileage by making outrageous statements if not downright silly. In that racial atmosphere, everything looks great.
Take a look at what Datuk Reezal Merican Naina Merican said, "For every RM 1.0 mil contract awarded to a bumiputra, only 20% went directly to him. The other 80% goes to the non-bumiputras". He made it sound like the non-bumiputras are laughing all the way to the bank even though the government was under UMNO(the major component of Barisan) from the time we got independance and with the implementation of the NEP for more than 20 years.
He is actually saying all the agencies set up by the government to help bumiputra contractors have not been doing their job from the time Tunku Abdul Rahman was the Prime Minister until now! I wonder if the rural Malays reading the news swallow this hook line and sinker.
If the bumiputra Malay contractor managed to get a supply contract or an M & E contract, the bulk of the contract sum would definitely go to the purchase of the equipment. Supposing the contract was for the supply of water pumps and according to the specifications the pumps could only be obtained from Europe, 80% would go to the supplier. 10% would be the cost for the installation and the rest for Preliminary costs and profit. This is normal and it happens to any contractor who gets such a contract.
If on the other hand the bumiputra contractor was "given" a building contract, he must have the skilled manpower, the construction equipment and the knowhow to complete the job within the time frame and make his profit. But if he gives it to sub-contractors and just takes a cut of the contract sum, whose fault is it?
The main issue should not be about how we slice the cake, but to teach the people how to make it and then go and sell it in the open market. Our human resource is our most precious asset and we still do not see that. We are still bickering over quotas and rights according to race. Our neighbours are moving forward because their citizens are busy catching up with the latest technology and improving on it.
Take China for example. Due to their closed door policy everyone thought they will lag behind. The minute they opened up to foreign investors they are moving at top speed. In IT, they are using Internet Protocol Version 6 while the Americans are still using IP4! The Chinese are forcing the Americans to change!
And what are we doing? Arguing on how to calculate the percentage achievement of the Malays under the NEP and we can't even agree on a suitable method! Going by the UMNO Youth delegates emotional presentation, the conclusion could be that they want 80% for the bumiputras, 20% for the Chinese and more Indian movies for the Indians on Astro! That would bring us to be the most developed nation by the year 2020.
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