Six productivity sectors launched with RM5mil grant each

  • Nation
  • Monday, 27 Nov 2017

Datuk Seri Najib Tun Razak (centre) at the the National Oversight Productivity Council meeting on Monday. -Bernama

KUALA LUMPUR: A nexus of six productivity sectors were launched with grants of RM5mil each.

The six productivity sectors, namely agro food, machinery and equipment, tourism, private healthcare, Information and Communication Technology (ICT), and professional services, were launched by Prime Minister Datuk Seri Najib Tun Razak on Monday (Nov 27).

These are part of the nine sub sectors identified under the National Productivity Blueprint.

"The productivity nexus is a centre of excellence for all matters related in increasing productivity at the sectorial and manufacturing, and will be the catalyst in implementing productivity initiatives with close cooperation with the Government.

"The industries are encouraged to take the opportunity on the programmes available under the nexus to further increase productivity.

"There are at least 89 programmes by the Government which can be utilised by the industries with an allocation of RM9.5bil for 2017 to 2020," said Najib in his speech on Monday after the National Oversight Productivity Council meeting in Parliament.

He said the National Productivity Council has also agreed on an action plan for the electrical and electronic sub sector where four main strategies and 13 initiatives are to be implemented in the next three years.

The Malaysia Productivity Blueprint was launched this year with an aim of labour productivity growth of 3.7% annually in order to become an advanced nation by 2020.

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