NIMP 2030: The second economic takeoff

Deputy Minister of MITI, YB Liew Chin Tong and our Honorary Advisor, Dr. Ong Kian Ming at seminar with title "Powering up Malaysia’s SMEs: Realising Your Business Opportunities in the 2020s” in conjunction with the Malaysia MADANI Economy Framework. (SEPT 4 2023) - ART CHEN/The Star

KUALA LUMPUR: The recently launched New Industrial Master Plan 2030 (NIMP 2030) will be a unique one because of the government’s decision to move away from the old approach and focus on a newer mindset instead, says Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Liew said the old approach was about announcing how much investment Malaysia had achieved each year, but the NIMP 2030 will aim to create a dashboard that monitors overall strategies, its action plans and even the smaller investments, which can have a ripple effect.