KUALA LUMPUR: Following are some of the major achievements of the 10th Malaysia Plan (2011-2015) stated in the 11th Malaysia Plan (2016-2020) tabled by Prime Minister Datuk Seri Najib Tun Razak in the Dewan Rakyat today:
* poverty level decreases to 0.6 per cent
* women participation in the labour force increases to 53.6 per cent
* rural road coverage increases to 51,262 km
* rural electricity coverage increases to 98 per cent
* rural water supply increases to 94 per cent
* 5,737 villages connected through the wireless village programme
* RM175 billion invested in five regional economic corridors, creating 427,100 jobs
* Malaysian life expectancy increases to 74.8 years
* 102,200 affordable houses completed
* unemployment rate decreases to 2.9 per cent
* 1.8 million new job opportunities created
* 1.9 million workers benefited from the minimum-wage policy
* 90.7 per cent pre-school enrolment
* 36.5 per cent academic staff with PhD qualification in public universities
* 15 per cent household waste recycling rate
* forest cover increases to 61 per cent
* 23,264 hectares of forest gazetted as Permanent Reserve Forest
* 93,100 km of new roads built
* 46 per cent increase in passenger rate at KL International Airport (KLIA)
* KLIA2 opened and third runway operationalised at KLIA
* urban rail commuters increase 32 per cent
* 70 per cent households with broadband penetration
* 14 areas nationwide with access to Digital Terrestrial Television
* 95 per cent of population receives clean and treated water
* services sector contributes RM2,550 billion to GDP
* manufacturing sector contributes RM1,111 billion to GDP
* agriculture sector contributes RM455 billion to GDP
* construction sector contributes RM194 billion to GDP
* small and medium enterprises contribute RM1,606 billion to GDP
* Malaysia ranked 18th out 189 economies in the 2015 World Bank ‘Doing Business’ Report
* Malaysia ranked 33rd on the Global Innovation Index out of 143 countries
Malaysia has enjoyed one of the best economic growth records in Asia despite a multitude of challenges and economic shocks.
The 11MP report states that the country’s growth achieved a stable real Gross Domestic Product (GDP) of 6.2 per cent per annum since 1970, successfully transforming the nation from a predominantly agriculture-based economy in the 1970s, to manufacturing in the mid-1980s and to modern services in the 1990s.
The national per capita income expanded more than 25-fold, from US$402 in 1970 to US$10,796 last year, and is well on track to surpass the US$15,000 threshold of a high-income economy by 2020.
All these gains are made possible by Malaysia’s development philosophy which places the prosperity and well-being of the rakyat at the heart of economic growth.
This commitment can be seen in each successive development policy started with the New Economic Policy 1971-1990, National Development Policy 1991-2000, National Vision Policy 2001-2010 and National Transformation Policy 2011-2020. -Bernama