7 key priorities under 12MP identified [NSTTV]

By Adib Povera - March 1, 2021 @ 1:59pm

PUTRAJAYA: The government has identified at least seven key priorities under the 12th Malaysia Plan (12MP) to transform Malaysia into a prosperous, inclusive and sustainable nation.

In his special address in conjunction with Perikatan Nasional's one year anniversary, Prime Minister Tan Sri Muhyiddin Yassin said among the key priorities included eradicating poverty especially hardcore poverty and reducing socio-economic gaps by implementing more comprehensive and targeted programmes.

Other key priorities identified under the 12MP include establishing a conducive ecosystem to develop micro, small-and medium-enterprises as well as accelerating the adoption of advanced technology and digitization.

"The 12MP will also provide emphasis on the Bumiputera Empowerment Agenda to reduce the gap between Bumiputeras and other races.

"Other key priorities include to accelerate development in Sabah and Sarawak and other underdeveloped states by strengthening the provision of infrastructure and basic facilities," said Muhyiddin in his speech at the Putrajaya International Convention Centre here today.

Other key priorities under the 12MP, said Muhyiddin, include encouraging quality investment by focusing on high-tech activities and accelerating the transition to a green economy to support the sustainable development agenda and turning Malaysia into a low-carbon country.

The policies and strategies formulated under the 12MP, he said, reflected the commitment by the government to address issues faced as well as strengthening the country's economy.

"The goal of the 12MP is not only to boost economic growth, but also to ensure that the country's prosperity can be distributed more fairly and equitably and not neglect environmental sustainability," he said.

The government, he said, has identified several high-potential industries as sources to generate growth such as creative aerospace, electrical and electronics industries, biomass and smart agriculture.

He said the government would also be implementing strategies to increase productivity that will hasten and accelerate the country's transition in the high value-added and high-tech industries.