seikhlashati

10 th Malaysia Plan Transforming Malaysia towards High-Income and High-Productivity Economy T he 10 th Malaysia Plan (MP) which was tabled on June 10, 2010 by Prime Minister Dato’ Sri Mohd Najib Tun Abdul Razak incorporates initiatives in the New Model of Economic (NME) and Government Transformation Programme (GTP). The plan is a gear in transforming Malaysia towards becoming high-income and high-productivity economy as well as realising the Vision 2020. The five-year plan (2011-2015) with a total allocation of RM230 billion has put a major portion on economic sector (RM126 billion or 55 per cent), while the rest is for the social sector (RM69 billion or 30 per cent), security sector (RM23 billion or 10 per cent) and general administration (11.5 billion or five per cent). The key target in the 10 th MP is to increase gross per capita income to RM38,850 in 2015 and this requires achieving a real domestic products growth rate of six per cent per annum. To enable this, priva

GREEN TECHNOLOGY INNOVATIVE WAY TO SPUR ECONOMIC GROWTH “The policy seeks to promote low-carbon technology and ensure sustainable development while conserving the natural environment and resources” The National Green Technology Policy is set to play a crucial role in charting the country’s development where green technology will be an innovative way to spur economic growth. Prime Minister Dato’ Sri Mohd Najib Tun Abdul Razak, in his speech at the launch of the Green Technology Policy on 24 July 2009, said this technology will offer economic-generating opportunities and potential apart from innovation, creation of wealth as well as high-paying jobs. Earlier, in April 2009, Dato’ Sri Najib announced the newly established Energy, Green Technology and Water Ministry (KeTTHA) in tandem with the government’s stand to promote Green Technology to reduce the country’s carbon emissions that is detrimental to the environment. The launching of the National Green Technology Policy sh