Malaysia

PM says 12MP will focus on new economic drivers

A comprehensive strategy is expected in early 2021

Updated 5 years ago · Published on 31 Dec 2020 10:44PM

PM says 12MP will focus on new economic drivers
The 12th Malaysia Plan will zoom in on economic drivers like the green economy, to propel Malaysia forward. – The Vibes file pic, December 31, 2020

KUALA LUMPUR – The 12th Malaysia Plan (12MP) will focus on new economic drivers for the country such as the digital economy and green economy, said Prime Minister Tan Sri Muhyiddin Yassin.

He said a comprehensive strategy would be announced in early 2021 to revive and rejuvenate the national economy.

“Physical and digital infrastructure will be built in urban and rural areas to ensure Malaysia continues to be competitive and able to grab new economic opportunities at the global level,” he said when delivering his New Year message for 2021, which was broadcast live tonight.

In line with this, the government would launch the National Digital Policy in the first quarter of 2021 focusing particularly on the 5G network system development.

“God willing, when it is announced later, I am confident the 12MP will show a clear Malaysian economic vision for the new decade to ensure Malaysia's economic growth will continue to be inclusive and benefit the people,” he added. – Bernama, December 31, 2020

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