MTC Engineering has been awarded by SME Corp as one of the fifty award winners for its annual prestigious award ceremony - Enterprise 50 (E50). Among the nominees, MTC was recognised for its performance in the energy industry, enterprising efforts as a local oil and gas service provider and perseverance through the challenges of the Covid-19 pandemic.
The nominations were examined through a reliable, impartial and stringent evaluation by independent industry players and experts, which distinguishes performance through both financial and non-financial means. To qualify as a nominee, companies had to receive at least 4 stars from SME Corp's SCORE rating.
SME Corp, an agency under the Ministry of Entrepreneur Development and Cooperatives, holds the annual E50 to push and support emerging local small-medium enterprises (SMEs) toward global presence and eminence. The agency did not hold an award ceremony in 2021 due to the Covid-19 pandemic.