Focus on energy transition, digital and high-technology industries

Bank Negara said several challenges persist in balancing the private consumption and investment that necessitate a renewed focus on investment-related policies.

QUALITY investments in high value-added industries will be propelled by the strategies and measures under the National Energy Transition Roadmap (NETR), New Industrial Master Plan 2030 (NIMP 2030) and the Mid-Term Review (MTR) of the 12th Malaysia Plan (12MP) as guided by the Madani Economy framework.

This is especially in energy transition, digital and high-technology industries that will ultimately create more high-income employment opportunities towards sustainable economic growth, according to Bank Negara in its Economic Outlook 2024 Report.