seikhlashati

Shaping a Prosperous and Progress Malaysia Since gaining independence on 31 August 1957 until now, Malaysians have enjoyed a prosperous life for 57 years now. The nation status has changed, from a poor nation to the upper middle-income nation. The country’s economy has been prosper and progressed, from an economy dependent on agriculture and primary commodities, now has expand to an economy that based on manufacturing, driven by export and spurred on by high technology, knowledge and capital-intensive industries. This was achieved through the implementation of five-year economic development plans that began with the First Malaya Plan (RM1) from 1956 to 1960 and Second Malaya Plan from 1961 to 1965. After the formation of Malaysia in 1963, the five-year plan then was known as Malaysia Plan (MP) inclusive Sabah and Sarawak, as opposed just Peninsular Malaysia before. The First Malaysia Plan began in 1966 until 1970 and now Malaysia is under the Tenth Malaysia Plan (2011 to 2015)