ECONOMIC TRANSFORMATION PROGRAMME (ETP)

THE ECONOMIC TRANSFORMATION PROGRAMME: A ROADMAP FOR MALAYSIA


The Economic Transformation Programme: A Roadmap for Malaysia” was launched by YAB Dato’ Sri Mohd Najib bin Tun Abdul Razak, Prime Minister of Malaysia, on 25th October 2010. The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020. It will lift Malaysia’s gross national income (GNI) per capita from about 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 us to achieve the targets set under Vision 2020.

The Roadmap covers the 12 National Key Economic Areas (NKEAs) and will unveil details related to the 131 Entry Point Projects (EPPs) and 60 Business Opportunities (BOs). An NKEA is defined as a driver of economic activity that has the potential to directly and materially contribute a quantifiable amount of economic growth to the Malaysian economy. The 12 NKEAs selected are:


* Oil, Gas and Energy
* Palm Oil
* Financial Services
* Tourism
* Business Services
* Improving Electronics and Electrical
* Wholesale and Retail
* Education
* Healthcare
* Communications Content and Infrastructure
* Agriculture
* Greater Kuala Lumpur / Klang Valley