12th Malaysia Plan to crystallise SPV2030 execution

Shared Prosperity Vision

KUALA LUMPUR: The 12th Malaysia Plan (12MP), covering three development dimensions - economic empowerment, environmental sustainability and social re-engineering - will further crystallise the implementation of the Shared Prosperity Vision 2030 (SPV2030).

The SPV2030 - unlike the National Economic Policy (NEP), which is a policy prescription - is a new initiative providing a 10-year development roadmap and framework for the country’s economic restructuring to benefit all Malaysians, regardless of race and ethnicity.