Taking bigger than baby steps to transform the economy


Centralised planning may have certain advantages, but serious engaging of sub-national players is vital to the efficacy of nationally initiated projects, especially when these players govern the most industrialised states in the country. The continued political divide sees the Pakatan Rakyat (Pakatan) states grouping their resources to construct viable economic programmes to attract foreign investments.

PENANG CHIEF MINISTER Lim Guan Eng recently demanded that the Prime Minister Department’s Performance and Management & Delivery Unit (Pemandu) gives a formal presentation on its Economic Transformation Programme’s (ETP) Entry Point Projects (EPPs) as he claimed Penang has been largely excluded from the country’s primary document intended to transform Malaysia into a high-income economy. The national ambition is to raise the country’s per capita income to RM48,000 by 2020 from the 2009 level of RM23,700.

He also stated that the federal government had not announced any allocation to Penang under the 10th Malaysia Plan in terms of budget and projects.

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