Updata: 10th Malaysia Plan (2)

Malaysia has identified 52 high- impact projects worth 63 billion ringgit to implement, Prime Minister Najib Razak said in parliament in Kuala Lumpur today.
They include seven highway projects at an estimated cost of
19 billion ringgit, he said in his speech. The government also plans two coal electricity generation plants at a cost of 7 billion ringgit, he said.

Malaysia plans to establish a 500 million-ringgit Mudharabah Innovation Fund to provide risk capital to government venture capital funds, Prime Minister Najib Razak said in a speech today in Kuala Lumpur.
This will bridge the financing gap betwen the early stage of commercialization and venture capital financing for high- technology products, he said.

Malaysia has earmarked plans to develop the Malaysian Rubber Board’s land in Sungai Buloh at an estimated cost of 10 billion ringgit, Prime Minister Najib Razak said in parliament in Kuala Lumpur today.
The land covers an area of 3,300 acres, he said in his speech.