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State GovernmentProject Information Supporting the Tenth Malaysia Plan, 2011-2015 $ 4 Lac $ 4 Lac
09-Mar-2017
PID : 5585 Not Classified-Malaysia
Description

Malaysia is at a critical juncture in its development. It has made huge strides in socioeconomic development since the 1970s, transforming itself from an underdeveloped country reliant on natural resources into a middle-income country with a vibrant manufacturing sector. While Malaysia has made strong gains, the current situation poses some challenges that have led some to suggest that Malaysia is in a middle-income trap.

The government has been proactive in taking on these challenges. Specifically, it has issued a comprehensive policy framework through the Economic Transformation Programme (ETP) and the Tenth Malaysia Plan (TMP), 2011-2015, in recognition that a new economic model is required. In addition, the Asian Development Bank (ADB) has formed an interim country partnership strategy (CPS) with Malaysia to support the government in the implementation of the ETP and the TMP.
Project Rationale and Linkage to Country/Regional Strategy The TA aims to support the government's efforts in enabling new engines of growth for an economy during a period of structural transformation. To help tackle these issues, a knowledge and capacity development TA is required that can assist in (i) promoting PPP-enabling policy and regulatory reforms and financing, and (ii) encouraging outward-oriented private sector development based on vibrant export growth with effective export financing which in turn will encourage partnership in global and regional production networks.
Impact Stronger development of Malaysia through effective implementation of the TMP and ETP.

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