Construction a winner under 12MP


Anwar says the revised 12MP for the 2021 to 2025 period would see the country’s gross domestic product (GDP) growing between 5% and 6%, up from the original target of 4.5% to 5.5% during the five-year plan.

PETALING JAYA: The 12th Malaysia Plan (12MP) mid-term review may have set a positive tone to move the country up the value chain. However, some analysts regard the revised targets as “ambitious” and “challenging” given the prevailing uncertainties in the global economy.

As revealed by Prime Minister Datuk Seri Anwar Ibrahim on Monday, the revised 12MP for the 2021 to 2025 period would expect the country’s gross domestic product (GDP) to grow between 5% and 6%, up from the original target of 4.5% to 5.5% during the five-year plan.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read