CATEGORY: Economic Snapshots
Malaysia’s push into high-tech and value-added industries under the 11MP plan is bearing fruit in sectors such as manufacturing and aerospace as it works to foster a new culture of innovation, train local human resources and raise productivity.
As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.
The emirate is working to encourage investment and development in key non-energy sectors, including transport and education.