2019 UEM Edgenta Annual Report

74 As the region’s leading Asset Management and Infrastructure Solutions company, we are committed and dedicated to advancing the industry through memberships in associations and engagement with fellow industry players. We continue to help and create value for our stakeholders through our support of small and medium enterprises (“SME”) and Bumiputera entrepreneurs under the Vendor Development programme (“VDP”). Thought Leadership & Advancing Industry We continued to exercise our expertise, offer opinions and exchange views on matters impacting the industry in 2019 by participating in important events such as the 26 th World Road Congress (“WRC 2019”) held in Abu Dhabi, the UAE; the International Greentech & Eco Products Exhibition and Conference Malaysia (“IGEM 2019”), ASEAN Health Summit, as well as the Malaysia Medical Device Expo 2019 (“MyMEDEX 2019”). Our senior management members have also actively participated in presenting talks and papers related to the Asset Management and Infrastructure Solutions sectors, which emphasises on the implementation of technology-based solutions towards improving the delivery of service, in line with the Industrial Revolution 4.0 (“IR4.0”). Some of the participations by our leaders in key events include: Date Events Topics By 31/10/2019 The Malaysia REIT 2019 - Opportunities in the New Malaysia Disrupting Our Business Through Technology - Proptech & Smart Cities - The New Wave of Real Estate Technology Dato’ Azmir Merican, Managing Director/ Chief Executive Officer, UEM Edgenta 20/11/2019 ASEAN Health Summit & Exhibition – as a panellist of dialogue session “Valued Intelligent Healthcare for ASEAN” on how UEM Edgenta develops healthcare-based technology-enabled solutions to better serve our clients 19/9/2019 REAM – Sustainable Infrastructure “Sustainable Highway Maintenance - People, Technology & Innovation to Drive Sustainable Growth” Graeme Walwyn, Chief Operating Officer, UEM Edgenta 22/8/2019 APHM International Healthcare Conference & Exhibition “AI in Healthcare Facilities & Beyond” Low Chee Yen, Head of Healthcare Support (Commercial) and Chief Executive Officer, UEMS Pte. Ltd. 1/10/2019 International Facilities Management Conference 2019 “Healthcare Facilities: Towards Industry 4.0” The VDP aims to develop sustainable and competitive Bumiputera entrepreneurs by providing them with the opportunity to work with us in the areas of construction, facilities management services, pavement works, traffic management and healthcare support services. We provide trainings and consultancy to selected vendors to support and raise the vendor’s market competitiveness on how to address the social, environmental and ethical aspects of running a business in a sustainable way. 2019 VDP highlights • A total of RM404.58 million worth of contracts, which constitutes 49.37% of subcontract works awarded to Bumiputera contractors in 2019 • Nurtured nine selected Bumiputra vendors • Two vendors completed the 5-year programme • 144 new Bumiputera vendors registered in 2019, 6.66% increase compared to 2018 Vendor Development Programme BETTER BUSINESS – COLLABORATIONS Sustainability Statement