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Second Outline Perspective Plan and covers a 10-year framework.
Like the NEP, the NDP will follow through with aim of eradicating poverty and achieving an economically, socially, spiritually psychologically well-balanced society.
NDP goal is to achieve national
unity
Eradicate poverty over the
poorest
Objectives
STRATEGIES
Reduce and eventually eradicate poverty.
Accelerate the process of
restructuring the Malaysian society.
Reduce and eventually eradicate poverty.
Focus on the hard-core poor from
communities.
Improve the income of people in deprived
areas and less developed states.
Provide them with better social services and
opportunities.
Accelerate the process of restructuring the Malaysian
society.
Emphasized training in the
area of management of
wealth and business ethics.
Focus on the development
of a Bumiputera Commercial
and Industrial Community.
Encouraging Bumiputera
businessmen to start their
business from the bottom
through contracts and
franchise programmers.
4. Reduction of
poverty
5. GDP growth
7. Improved quality
of life
6. Bumiputera
involvement
NATIONAL VISION POLICY (NVP)
Comprised to five year
development plants. It is
implemented from the eight to
ninth Malaysian Plan covering a
period of ten years. Also the
second phase of vision 2020.
OBJECTIVES
National
integration
must be
encouraged
and
increased
The goal
of NVP is to
achieve
national unity
Eradicate
poverty
over the
poorest
THE 9 CHALLENGES
Challenge 1Creating a society is
prosperous and
economically
competitive with
development other
country
Challenge 2
Challenge 3
Create a culture of a
caring and loving
society
Create a progressive
scientific, far- sighted
and to create a
civilization based on
science and
technology
Challenge 4
Challenge 5 Create ‘a united
Malaysia’ with its own
model a have a
common goal
Creating a society of
tolerant, liberal and
independent and able to
adopt the
custom, culture and
religion respectively
Challenge 6
Challenge 7
Challenge 8
Challenge 9
Creating a society of
independent-minded
progressive and
peaceful, self-confident
and ability
Develop a democratic
society and have a
maturity of
understanding for the
good and prosperity of
the country
INFORMATION AND COMMUNICATION TECHNOLOGY (ICT)
A strategic tool to support the growth of the Malaysian economy and enhance standard of living
National Information Technology Council (NITC) was established due to this
NITC also act as a government advisor
on development of IT in the country
Public and private sectors are creating
an environment that is improved in
efficiency, productivity and overall
economic competitiveness
MULTIMEDIA SUPER CORRIDOR (MSC)
To transform Malaysia into a knowledge-based economy by 2020
It was initially planned on 1996 by Tun Dr. Mahathir Mohamad
It is 15 km wide and 50 km long
–from PETRONAS Twin Tower to
KLIA (north to south)
Modeled from the United States’
Silicon Valley
Including Cyberjaya, Putrajaya
and etc
MSC
APPLICATIONS
Smart School
Smart Card
R&D Cluster
Electronic
Government
World Wide Manufacturing
Web
Borderless Marketing
Telemedicine
K-ECONOMY
Focused on having a knowledge-based economy
Changes or transform the way the economy operates from P-economy to K-economy
Focus on investment in intangibles (e.g.: human capital, R&D capacity, etc)
A
Production
Decreasing
return to
scale
key Drivers
Enablers of
the
k-economy
increasing
returns to
scale
A knowledge
Drive
Economy
Land
LaborEntrepr-
eneur K-
content
sCapital
Roles of government
Stable macroeconomic and financial, promoter & regulator.
New activities
CONCLUSION
In conclusion, policy makers in Malaysia and those responsible for implementing and monitoring them are very serious about the achievements of programmes carried out. Their bold and quick measures to adjust and adopt unpredictable happenings such as the Iraq War, the SARs outbreak, threat of terrorisms and the rising oil prices had contributed to the stability of the economy oofMalaysia.
