PM: Six targets outlined in TPB2030 to empower bumiputra agenda

KUALA LUMPUR: The Bumiputra Development Action 2030 (TPB2030) outlines six main targets which are expected to be achieved by 2030 through seven main economic growth activities, says Prime Minister Datuk Seri Ismail Sabri Yaakob.

He said TPB2030 was a government initiative to provide equitable opportunities in economic and socioeconomic fields to strengthen the bumiputra agenda under the patronage of the Bumiputera Agenda Steering Unit (TERAJU).

The six targets are: the contribution of RM438bil in gross operating surplus from bumiputra enterprises to the gross domestic product; average wages at RM5,169.12; household income at RM18,402.68; return on financial assets rate per capita at a value of RM4,495.65; a total of 3,248,920 skilled workers; and home ownership of 4,758,469.

The targets will be achieved through seven key economic growth activities comprising: agriculture and commodities; digital economy; halal products and food; Islamic finance 2.0; transport and sustainable mobility; manufacturing; and tourism.

"Although bumiputras are the majority race in this country, accounting for 20.9 million or 69.7% (of the population), their socioeconomic status is still at a level which needs improvement, especially the wealth gap, income disparity and low asset ownership.

"Until today, the target of having 30% bumiputra equity has never been achieved although the New Economic Policy (NEP) had been established previously to tackle the problem of economic imbalance among the various races in the country,” he said when launching TPB2030 here on Monday (Dec 6).

He said TPB2030 outlined a clear strategy for development programmes and initiatives which are streamlined with the Shared Prosperity Vision 2030 and supported by the 12th Malaysia Plan (12MP) within the context of Keluarga Malaysia (Malaysian Family). – Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Devotees grateful for modest yet meaningful Thaipusam celebration
Devotees gather for Thaipusam while observing Covid-19 SOPs
Covid-19: Health Ministry investigating AEFI involving Perlis mufti's father
Bersatu's Sedili rep claims political conspiracy after sexual harassment report filed against him
Veteran footballer Dollah Salleh, family involved in car crash, say cops
K'tan Forestry Dept says area in viral image of logging not close to Gua Musang tiger habitat
Vax certs offered for RM500
Court to decide on Khairy’s appeal on Feb 7
Teacher recruitment to be sped up, says Radzi
Ready to escape the smoke

Others Also Read