Here are the new goals for the 12th Malaysia Plan.
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After Prime Minister Datuk Seri Ismail Sabri Yaakob tabled the 12th Malaysia Plan (12MP) at today’s Parliament sitting, we got our hands on his 45 page and 115 point speech.
READ MORE: PM Lays Out 12th Malaysia Plan In Parliament
So we decided to comb through it and pick out some interesting tidbits that you might be interested in.
The 11th Malaysia Plan & Vision 2020 Didn’t Pan Out
Malaysia missed several goals set in the 11MP. We missed the target average income rate to become a high income nation, and we missed the targeted average annual gross domestic product (GDP) rate.
New Goals For 12MP
- Annual GDP rate of 4.5& to 5.5% annually for the years 2021 to 2025.
- Average household income of RM10,000 a month by 2025.
- The GDP per capita gap between the Central Region and Sabah is reduced to 1 ratio 2.5, while for Sarawak will be reduced to 1 ratio 1.2 by 2025.
- Reduction of greenhouse gas emissions by 45% of GDP in 2030 based on the emissions at 2005, in line with the 2015 Paris Agreement.
5G network will be launched by the end of the year.
On top of making sure that the country reaches 100% 4G coverage in populated areas, the plan promises wider 5G coverage, and fixed broadband line to nine million premises by 2025.
More Trains & Roads!
Here is a list of road and railway projects that are aimed to connect industrial, rural, and urban areas in the 12MP.
- Klang Valley Double Track Phase One which connects Rawang to Salak Selatan is expected to be completed in 2022.
- Gemas Electric Double Track to Johor Bahru is the final alignment of the electric twin tracks from Padang Besar, Perlis to Johor Bahru, Johor is scheduled for completion in 2023.
- The implementation of the East Coast Rail Link (ECRL) project continues and is expected to be completed in 2026.
- Rapid Transit System (RTS) project that connects Bukit Chagar station, Johor Bahru with Woodlands North station in Singapore will begin construction at the end of 2021.
- West Coast Highway involving the state of Selangor and Perak is expected to be fully completed in 2024.
- Central Spine Road Project from Bentong, Pahang to Kuala Krai, Kelantan is scheduled for full completion in 2025
- The Kota Bharu to Kuala Krai Highway is expected to be completed in 2025.
To improve the country’s education system, these measures will be implemented:
- Science, technology, engineering and mathematics education (STEM) will be strengthened to provide students with technological changes including 4IR.
- The school environment will be made more conducive through replacement of 148 poor buildings at a total cost of RM1.6 billion in 2021 and 2022.
- A total of 4 school complexes and 5 new schools will be built at a cost of RM 848 million.
- Technical and Vocational Education and Training (TVET) programs will be strengthened with an improved ecosystem, improving program quality through accreditation, international standard body recognition and certification as well as introducing the TVET institutional rating system.
- Centralized platform for TVET supply and demand data will be developed.
- A more flexible higher education system will be created and collaboration with the industry will be enhanced to add good quality graduates and meet the needs of the industry.
- Plans for digital education at the school and higher education levels will be introduced to ensure a broad access to quality education.
- Upgrading the facilities of several public universities, among others UiTM, UKM, UM, USM, and UUM.
Limited Foreign Workers
In the long run, the number of foreign workers in the workforce is limited to no more than 15 per cent.
Our Very Own Institution Of Infectious Diseases
A National Vaccine Development Roadmap is also being finalized to ensure that Malaysia is able to produce its own vaccine and be prepared for the next pandemic.
A Malaysian Institute of Infectious Diseases will be built in Bandar Enstek, Negeri Sembilan in 2022.
Also, the effectiveness of the existing healthcare system and policies will be reviewed.
More Affordable Homes
More homes that the B40 and M40 groups can afford will be built. New financing options will go with it as well.
Elevate The Poor
Ismail Sabri is confident that the 12MP can alleviate the hardcore poor by 2025. The plan includes programs and schemes to increase the well-being of B40 families, and opening more doors for children in B40 families.
The Bumiputra Agenda
Bumiputera corporate equity ownership has not reached the target of at least 30%. Because of that, 12MP includes mechanisms to encourage more Bumiputra involvement in economic activities and increase the resilience and sustainability of Bumiputra businesses.
The Keluarga Malaysia Agenda
The government will also continue to assist low income Chines and Indians who need assistance by providing improvement programs targeted skills and financial assistance as well as opportunities for entrepreneurship.
The differently abled will continue to be empowered with the implementation of programs such as Job Coaching, Rehabilitation in the Community, Independent Living Center services, OKU entrepreneurship program, and a special career carnival.
Women’s participation in the job market is targeted to reach 59 percent by 2025.
Access and the quality of early childhood care and education services as well as the care of the elderly with an affordable fee will be enhanced to encourage women to continue to work or return to their jobs.
A framework to empower gender will be introduced and civil and syariah laws will be strengthened to address issues related to women as well.
Committed To Go Green
Ismail Sabri pledged his commitment that Malaysia will become a carbon neutral country by 2050, the soonest.
Currently Malaysia contributes only 0.7% of the world’s greenhouse gas emission
To support this effort, economic instruments such as carbon pricing and carbon tax will be introduced.
Also, Malaysia is moving away from coal generated power.
A total of 120 cities in Malaysia are targeted to achieve the sustainable city status.
Also expect to see more electric cars as the government will give priority to industrial development production of energy efficient vehicles (EEVs) to support the initiative environmentally friendly mobility.