KUALA LUMPUR: UEM Edgenta Bhd
will gradually move away from its concession-based business model to move into commercial businesses that will bring longer-term returns and enable the firm to further compete in international markets.
Managing director and chief executive officer, Syahrunizam Samsudin said the company has embarked on a transformation strategy, namely the Edgenta of the Future 2025 (EoTF25), which features a fundamental shift towards a highly sustainable and future-proof business model.
EoTF25 focuses on three pillars -- diversifying markets, driving cost efficiency and disrupting the industry with new products and services.
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