under Economic Transformation Programme
inclusive approach benefit both urban and rural population
The remaining industry sector NKEAs as identified in the 10th Malaysia Plan are Financial Services, Tourism, Business Services, Wholesale & Retail, Education, Healthcare and Communications Content & Infrastructure. The NKEA of Greater Kuala Lumpur/ Klang Valley is a geographical location. A NKEA is a driver of economic activity that has the potential to directly and materially contribute to a quantifiable amount of economic growth.
The ETP will kick-start Malaysia’s drive towards high-income nation status with 131 EPPs and 60 Business Opportunities (BOs)
As announce by the Prime Minister Dato’Sri Najib Tun Razak, the ETP aims to almost triple the country’s Gross National Income (GNI) from RM660 billion (US$188 billion) in 2009 to close to RM1.7 trillion (US$523 billion) in 2020. This translates into an increase of GNI per capita from RM23,000 (US$6,700) to at least RM48,000 (US$15,000),meeting World Bank’s high-income nation benchmark. The country is expected to grow its GNI at 6 percent between 2011 and 2020 to hit the target.
The ETP is the culmination of a substantial body of work to develop the Government’s economic agenda, building on the 10th Malaysia Plan, the New Economic Model (NEM), and the principles of 1Malaysia, People First, Performance Now.
