Quantum leap in economic transformation


Ambitious plans call for drastic measures. The Economic Transformation Programme, which was drawn with input from all walks of economic life, aims to turn Malaysia into a high-income nation.

NO matter how you slice and dice it, the recently unveiled Economic Transformation Programme (ETP) is impressive, considering the amount of work that had gone into it. Taking the views of the private sector, calculating the benefits that certain identified projects would bring to the country, driven by the ambition of bringing the nation's gross national income (GNI) per capita to US$15,000 is no easy task. The investment analyst community has given ETP a thumbs up, saying that it could be just what the country needs.

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