Malaysia will unveil its economic transformation program in October, Prime Minister Najib Razak said in parliament in Kuala Lumpur today.
Malaysia will set up an economic transformation unit to plan and coordinate the implementation and development of the government’s so-called national key economic areas aimed at generating high income, he said.
Malaysia will target private investment growth of 12.8 percent a year, Prime Minister Najib Razak said as he unveiled the nation’s five-year development plan in Kuala Lumpur today.
The country aims to generate 115 billion ringgit in private investments a year, Najib said.
Malaysia’s government expects economic growth to average 4.2 percent in the 2006-2010 period, Prime Minister Najib Razak said in Kuala Lumpur today.
Gross national income per capita may reach 26,420 ringgit in 2010, Najib said as he unveiled the nation’s five-year plan in parliament.
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