Malaysia is taking bold steps forward to transform into a high income nation by 2020 with the Economic Transformation Programme (ETP).
By 2020, the ETP aims to increase Gross National Income (GNI) to just over
RM1.7 trillion (USD482 billion) which is 2.5 times 2009’s GNI of RM660 billion (USD187 billion).
In order to deliver growth for the 12 National Key Economic Areas (NKEAs), the ETP focuses on Entry Point Projects (EPPs) and Business Opportunities (BOs). These are developed through collaborations between the public and private sectors.
Within the 12 NKEAs, there are business and investment opportunities in the 131 EPPs and 60 BOs identified.
Of the 12 NKEAs, Greater KL/KV is expected to be the biggest driver of the GNI growth. It is already a significant economic contributor, accounting for 30% of the country's GNI and 20% of the population in 2010.
The ETP’s aspiration for Greater KL/KV is to raise its GNI contribution by 2.5 times, from RM258 billion (USD73.1 billion) in 2009 to approximately RM650 billion (USD184 billion) by 2020.
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