High-Income Economy by 2020

High-Income Economy by 2020

Meet Malaysia’s PEMANDU at the HR Talk Show, 9 March 2011, KL

SINGAPORE (December 5, 2010) Malaysia’s Performance Delivery Unit (PEMANDU)—a unit under the Prime Minister’s Department—exhibits at HR Talk Show and will talk about its initiatives in achieving its main role and objective in driving the progress of the Government Transformation Programme (GTP) and the Economic Transformation Programme (ETP).

The chairman of the PEMANDU board is YB Senator Tan Sri Dr. Koh Tsu Koon, Minister in the Prime Minister’s Department, in charge of National Unity and Performance Management. The post of Deputy Chairman and Chief Executive Officer of PEMANDU is held by Minister in the Prime Minister’s Department, YB Senator Dato’ Sri Idris Jala.

An innovative and forward-looking approach, the Government Transformation Programme (GTP) was devised in accordance with the principles of 1Malaysia, People First, Performance Now. In its entirety, the GTP is designed to provide all Malaysians access to improved public services irrespective of race, religion and region. Under the GTP, six key priority areas have been identified where challenges within each area have been divided into short-term priorities and long-term issues. These areas of development are known as the National Key Results Areas (NKRAs) as below:

• Reducing Crime

• Fighting Corruption

• Improving Student Outcomes

• Raising Living Standards of Low-Income Households

• Improving Rural Basic Infrastructure

• Improving Urban Public Transport

This initiative has been brought about by the realisation that the same approach as before cannot be used to transform the Malaysian government and achieve substantial results quickly. Therefore, to ensure the government had an accurate gauge and sense of what the priority areas are for the rakyat, multiple input sources including the rakyat, opinion polls, perception surveys, (alternative and mainstream) media analysis, dialogues with select academics, private and public sector leaders had to be considered.

On the other hand, the Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020. Its purpose is to Malaysia’s gross national income (GNI) per capita from USD6,700 or RM23,700 in 2009 to more than USD15,000 or RM48,000 in 2020, propelling the nation to the level of other high-income nations. This GNI growth of 6 percent per annum will allow Malaysia to achieve the targets set under Vision 2020.

Successful implementation of the ETP will see Malaysia’s economy undergo significant changes to resemble other developed nations. Malaysia will continue to progress towards its shift towards a service-based economy, with the services sector contribution growing from 58 percent to 65 percent in the same period. More than 3.3 million new jobs will be created by 2020, spread across the country in urban and rural areas. The nature of these new jobs will result in a shift towards middle and high-income salary brackets. Greater Kuala Lumpur/Klang Valley will be transformed into a world-class city. Finally, growth will be achieved in a sustainable manner, without cost to future generations, through initiatives such as building alternative energy generation capacity and conserving our environment to promote eco-tourism