Program Transformasi Ekonomi Etp Malaysia
Contents • • • • • • • • • Overview [ ] Launched on 21 September 2010, it is a comprehensive economic transformation plan to propel Malaysia's economy into high income economy. The program will lift Malaysia's (GNI) to US$523 billion by 2020, and raise per capita income from US$6,700 to at least US$15,000, meeting the World Bank's threshold for high income nation.
It is projected that Malaysia will be able to achieve the targets set if GNI grows by 6% per annum. Set to revitalise Malaysia's private sector, the 60% of the blueprint's investment would derived from private sector, 32% from government linked companies and the remaining 8% from the government. Venus Blood Empire English Patch. Various sectors for development have been identified and are called National Key Economic Areas (NKEA).
Labs [ ] The Performance Management and Delivery Unit (Pemandu) has conducted laboratories to study on how to implement Malaysia's goal of becoming a high-income country by 2020. As of 2010 131 entry point projects (EPPs) and 60 business opportunities have been identified by the laboratories. It is estimated that these initiatives will generate RM500 billion of national income annually and create up to 2.2 million jobs by 2020. 92 percent of the necessary funding is slated to come from the private sector.
Download Centre ETP. The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020. Download Centre ETP. The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020.
The labs took place over a period of two months in the summer of 2010. 425 people from the government and private sector took part.
211 companies have taken part, including Shell, Exxon-Mobil, MYDIN, Sime Darby, Genting Plantations, Petronas, PricewaterhouseCoopers, Celcom, Ericsson, Maybank, Tesco, Sunway Medical Centre, Masterskill University College, The Body Shop, AirAsia, Malaysia Airlines, RapidKL and Digi Telecommunications. National Key Economic Areas [ ] Since 92% of the total investments will originate from private sector, the sector is much involved in the planning of this transformation blueprint. A workshop had been organised by Performance and Delivery Unit (PEMANDU) to identify the 12 National Key Economic Areas (NKEA). The NKEA is the key driver to the success of this program as such activities have the potential to contribute significantly to the growth of the economy of Malaysia. There are 131 entry point projects (EPP) identified under the NKEA, which includes a high speed railway connecting to and in which first proposed and are currently looking to undertake. Economic activities that are categorised as NKRA will be prioritised in government planning and funds allocation. Policies will be amended to facilitate fast track implementation of such activities, including liberalising the market and removal of bottlenecks.
Under this policy, private companies are invited to get involved, with PEMANDU pushing for the implementation to speed up the implementation. Among the companies that are involved in the transformation programme are, Malaysia,,,, Exxon-Mobil, Dialog Group,,. Oil, gas and energy [ ] As of 2010, the energy sector has been an important part of Malaysia’s economic growth and constitutes about 20 percent of GDP. The Malaysian government plans to increase diversification of the energy industry, increase exploration for new oil and gas resources, enhance production from known reserves, and encourage the use of alternative energy source such as nuclear, solar, and hydro-electric. The government is working to meet these goals 12 of what it calls 'entry point projects' or EPPs. The government wants the energy sectors contribution to to rise from RM110 billion in 2009 to RM241 billion in 2020. Achieving this goal will create more than 50,000 new jobs with large proportion of these being for skilled professionals such as engineers and geologists.