Khazanah Research Institute to aid Government

  • Business,Business News
  • Tuesday, 25 Jun 2013

KUALA LUMPUR: The soon-to-be formed Khazanah Research Institute (KRiS) will serve as a thought leader by providing the Government with input concerning the country’s economy and socio-political scene.

Khazanah Nasional Bhd deputy chairman Tan Sri Nor Mohamed Yakcop said the institute would be commissioned as a think tank to provide a fresh opinion stream for Prime Minister Datuk Seri Najib Tun Razak and the Government.

“Apart from macro-economic and socio-political issues, there would be others such as in-depth taxation faced by middle-class Malaysians,” Nor Mohamed, who is also KRiS chairman, told Bernama.

KRiS will assume the existing functions of the Khazanah Research Division that has been in operations since 2004.

Nor Mohamed said the new institute would complement current think tank groups, as all its studies would be compiled and brought for discussion and presentations.

“There are already a number of think tanks for the Prime Minister. We will work together with them.

“There are some issues that we need to solve as soon as possible to achieve developed-nation status. So, working together will accelerate the decision-making process,” he added.

Najib, who is also Khazanah chairman, had late last month proposed Nor Mohamed’s appointment as the deputy chairman effective June 3.

Nor Mohamed, 66, a former Minister in the Prime Minister’s Department in charge of the Economic Planning Unit, was also appointed chairman of Khazanah’s Executive Committee.

He joined Khazanah’s board of directors on Nov 12, 2002.

Khazanah is the investment holding arm of the Government. — Bernama

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