{"id":907,"date":"2011-10-27T20:30:02","date_gmt":"2011-10-27T20:30:02","guid":{"rendered":"http:\/\/blog.japhethlim.com\/?p=907"},"modified":"2016-10-24T17:47:36","modified_gmt":"2016-10-24T17:47:36","slug":"preparing-for-increasing-urbanization-in-malaysia","status":"publish","type":"post","link":"https:\/\/blog.japhethlim.com\/index.php\/2011\/10\/27\/preparing-for-increasing-urbanization-in-malaysia\/","title":{"rendered":"Preparing for Increasing Urbanization in Malaysia: 10th Malaysia Plan"},"content":{"rendered":"
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\"Malaysia<\/a><\/span><\/h3>\n
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I am reposting this from HERE. <\/a>saw this write-up and just can’t help but to note it down on my own blog. Nice stuff.<\/em><\/p>\n

Malaysia expects that 70% of its inhabitants will be living in urban environments by 2020.\u00a0 Last year Malaysia released its\u00a010th Malaysia Plan<\/a>\u00a0(10MP), which focuses on developing infrastructure to improve productivity and making the private sector the engine of development.\u00a0 The target is to make Malaysia a high-income economy through productivity growth. One of the reasons the government wants to encourage urbanization is international empirical evidence that cities have three times the productivity of rural areas.\u00a0 MP10 identifies 12 National Key Economic Areas\u00a0 (NKEA), most of which are sectoral, but one of which is Malaysia’s largest urban center Greater Kuala Lumpur.<\/p>\n

The Malaysian economy has been very successful in the past, but primarily because it has been a low-cost economy.\u00a0 The Malaysian electrical and electronics industry, which is known worldwide for inexpensive digital components, is responsible for 26.1% of manufacturing output and
\nmore than 40% of total manufacturing labor.<\/p>\n

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\"Malaysia<\/a><\/p>\n

According to MP10, the Malaysian economy needs to improve productivity, by upskilling the existing workforce to facilitate industries to move up the value chain, enabling specialization and economies of scale, and increasing public investment in innovation, particularly R&D and venture capital funding especially through shared risk public-private partnerships.\u00a0 The government has created an RM 20 billion (US$ 6 billion) Facilitation Fund that it hopes will attract RM 200 billion (US$60 billion) in private capital.\u00a0 ICT is a major area of focus for improving productivity.\u00a0 ICT accounted for 9.8% of GDP in 2009 and is targeted to increase to 10.2% by 2015.<\/p>\n

\"Malaysia<\/a><\/p>\n

The MP10 focusses on development of infrastructure specifically housing, transportation, energy, water resources and sustainability.\u00a0 Major initiatives include increasing broadband penetration, upgrading transportation networks, ensuring a secure and reliable energy supply including increasing renewable energy, developing a long-term strategy for water resource management and restructuring the water services industry, protecting rivers from pollution, adaptation to protect Malaysia from the risks of climate change, and reducing Malaysia\u2019s carbon footprint.\u00a0 I\u00a0blogged<\/a>\u00a0previously about Malaysia’s recent introduction of a feed-in tariff program to encourage renewable energy and\u00a0TNB’s smart grid plans<\/a>\u00a0to support distributed generation.<\/p>\n

\"Malaysia<\/a>The MP10 sees environmental management as an incipient industry with substantial growth potential in green technology which could spin off new categories of professionals and new areas of specialization for architectural and engineering services.<\/p>\n

The plan identifies 52 high impact infrastructure projects worth RM 63 billion including<\/p>\n