To meet the government’s social and economic goals of transforming Malaysia into a stable and inclusive high-income nation by 2020, gross national income (GNI) will need to register annual growth of at least 6% until 2020. This would entail lifting GNI per capita from the 2009 level of $7650 to over $15,400, and if it is to be reached the industrial...
Requiring sophisticated manufacturing techniques, skilled labourers, reliable power supply and developed infrastructure, solar manufacturing fits neatly into the Malaysian government’s strong push into the development of value-added industrial capabilities. In addition, the government implemented a new feed-in tariff renewable energy incentive...
Malaysia is a multi-ethnic society of 29m split between the Malay Peninsula and the island of Borneo. With a per-capita GDP that has hovered around $10,000 for the past decade, the country is struggling to escape a “middle-income trap”
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