ASEAN KEY DESTINATIONS
Malaysia urges economic transformation
However, it is not an easy task to achieve this aspiration, the government said in the Economic Transformation Programme: A Roadmap for Malaysia, launched here on Monday.
The road map was launched by Prime Minister Datuk Seri Najib Tun Razak.
The government said, in view of Malaysia's present position, if people remained on the same path, it would be difficult for the country to continue improving the education, health and quality of life.
According to the government, it is very committed in achieving this vision through introducing and implementing programmes such as the ETP, 1Malaysia People First Performance Now as well as the groundwork of the New Economic Model (NEM).
The government said, will focus on areas that the country has a competitive advantage in, by prioritising investments of public funds and policy support in a limited number of key growth engines, such as the 12 National Key Economic Areas (NKEAs).
"This also means changing our approach to economic growth, from an active player to a supporter and facilitator of private sector-led growth," it added.
The ETP Roadmap which builds upon the policy directions, strategies and programmes of the 10th Malaysia Plan, contains concrete targets that will further grow each of the NKEAs.
"The projects to drive growth in the economic areas have been chosen based on rigorous financial and economic analysis, to ensure the people of Malaysia get the best value from the funds that the government invests in," the government explained in the Roadmap.
To ensure the success of the ETP, the government has urged every Malaysian to participate in the transformation plan for the benefit of the current and future generation.
Comment on this Article. Send them to firstname.lastname@example.org
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below