Malaysia to publish contractors and contract values under 2027 Procurement Act

At the 2027 Budget session, Prime Minister Datuk Seri Anwar Ibrahim outlined measures to increase openness in public spending, stating that the Government Procurement Act, effective in 2027, will require disclosure of contractors' identities and contract values for all projects. He linked this step to the broader Madani reform agenda, which will continue without hesitation as the administration enters its fifth year. A separate bill will be tabled to tighten governance of government-owned enterprises and statutory bodies, seeking to avoid repeats of past scandals such as 1MDB, the Tabung Haji crisis and Felda.

Anwar also mandated that loan repayments collected by federal statutory bodies be used solely for approved purposes, including any interest earned. The budget earmarks resources to enhance the operational capabilities of the Malaysian Anti-Corruption Commission, police, Domestic Trade and Cost of Living Ministry, Customs Department and Malaysia Competition Commission. Finally, the government is studying the creation of a Malaysian Law Reform Commission to identify and address obsolete laws and legal gaps.