Economic Transformation Programme
Malaysia is at a crossroad. While much has been achieved, the challenges ahead are significant. Since Merdeka, we have built a robust and resilient economy, which has sustained strong economic growth. We have almost eradicated hardcore poverty, and at the same time, have been able to provide the rakyat near universal access to basic health, education, communications and other public services. As a result, the quality of life for the vast majority of Malaysians has improved. However, achieving our bold aspirations of Vision 2020, by the year 2020, will be challenging. Malaysia needs to economically transform to join the select group of high income nations.
This is where Malaysia stands today. If we do not correct our course, we will be unable to continue improvements in education, health and quality of life. However, if we redouble our efforts to attract investment, drive productivity improvements and innovate, we can compete successfully in the global economy and achieve high-income status.
This government is committed to pursuing a strategy to achieve high-income status. We have embarked on an Economic Transformation Programme (ETP) to propel our economy to 2020. The ETP builds upon the policy directions, strategies and programmes of the 10th Malaysia Plan. It is aligned with previous efforts such as the Government Transformation Programme (GTP) and 1Malaysia People First Performance Now as well as the groundwork of the New Economic Model.
We will shift our nation’s focus into areas where Malaysia has inherent competitive advantages. This means prioritising investments of public funds and policy support in a limited number of key growth engines, the 12 National Key Economic Areas (NKEAs) we announced in the 10th Malaysia Plan. This also means changing our approach to economic growth from an active player to a supporter and facilitator of private sector-led growth.
This ETP Roadmap contains concrete targets, which were developed through labs and a series of forums where the best minds in government and private sector were brought together to develop ideas into actions that will 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 that the people of Malaysia get the best value from the funds that government invests. Some of these cannot be achieved without specific policy and regulatory reforms that we are committed to make. As was the case with the GTP, a unit will be formed within PEMANDU to orchestrate the delivery and monitoring of this programme.
In implementing the ETP, tough decisions will need to be made. I seek the input and support of the private sector, civil society and the rakyat as we start implementing the projects and reforms to take our economy forward. As we embark on this journey together for the future of our children and the future of our country, I urge all Malaysians to join me in seizing the new opportunities arising from our chosen course. The journey will be long and arduous but we must persevere. God willing, we will succeed.
Dato’ Sri Mohd Najib bin Tun Haji Abdul Razak
Prime Minister Malaysia
26 October 2010
Program Transformasi Ekonomi (ETP)
Kuala Lumpur, 25/10/2010 – Perdana Menteri Dato’ Sri Najib Tun Abd Razak merasmikan Program Transformasi Ekonomi (ETP)
Apr 20, 2011
By: Dato’ Sri Mohd Najib Bin Tun Haji Abdul Razak
Venue: Dewan Taklimat, Tingkat 1, Blok Timur, Jabatan Perdana Menteri
Date: 11 Januari 2011
Sejak pelancaran Program Transformasi Ekonomi pada 25 Oktober 2010, saya telah pun mengumumkan 18 Projek Permulaan dan perkembangan berkaitan untuk menjayakan agenda transformasi negara ini. Pada ketika kita menghampiri 100 hari semenjak pelancaran, saya amat berbesar hati untuk mengumumkan 19 lagi Projek Permulaan serta perkembangan berkaitan pada pagi ini.
Kesan daripada Program Transformasi Ekonomi kian ketara. Keyakinan sektor perniagaan dan para pelabur terhadap ekonomi Malaysia kini semakin tinggi. Ini boleh kita lihat daripada prestasi Bursa Malaysia yang telah mencecah tahap penutup tertinggi pada 7 Januari iaitu 1,572.21 mata.
Sementara itu, Laporan Perniagaan Antarabangsa Grant Thornton yang terkini menunjukkan 50 peratus perusahaan sederhana hingga besar (atau medium to large enterprises) positif tentang prospek ekonomi Malaysia pada tahun ini, tahap keyakinan tertinggi untuk Malaysia sejak penyertaan kita dalam laporan tersebut.
Mengikut Frost & Sullivan, jumlah keluaran industri automotif (atau total industry volume, TIV) diunjurkan mencecah paras tertinggi baru sebanyak 623,000 unit tahun ini, peningkatan 4.1 peratus berbanding TIV 2010.
Petanda-petanda positif ini amat menggalakkan dan kerajaan akan terus berusaha sehingga matlamat untuk menjadikan Malaysia sebuah negara berpendapatan tinggi tercapai.