Country Economic Work for Malaysia - Islamic Development Bank

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can play a synergistic role to ensure the OIC aspirations are achieved. Malaysia can further enhance its trade, particularly intra-trade with other IDB member countries by promoting Reverse Linkages. With respect to intra-trade, it increased slowly i.e. 7% in 2004 to 10% in 2010, much below the intra-OIC trade target of 20% to be achieved by 2015. (vii) Benefitting through Malaysian Technical Cooperation Programme 32 Malaysian Technical Cooperation Programme 168. The Malaysian Technical Cooperation Programme (MTCP) was launched in 1980 to promote and facilitate technical cooperation amongst developing countries through the sharing of Malaysian experiences and successes in various fields. The MTCP was officially launched on 7 September 1980 at the Commonwealth Heads of State Meeting in New Delhi, India, to signify Malaysia’s commitment to South-South Cooperation (SSC). The Economic Planning Unit, which is the national focal point for all technical cooperation, was initially responsible for the administration and coordination of MTCP activities but Since January 2010, the MTCP activities have been taken over by the Ministry of Foreign Affairs. Since its inception, the MTCP has expanded in terms of its scope and coverage with emphasis on the exchange of development experience. More than 2,000 participants from 135 member countries come to Malaysia annually under the MTCP. Currently, the MTCP has a membership of about 13,400 alumni worldwide. About 130 short-term specialized courses are Figure 6.7: Number of MTCP Participants (since inception in 1980) Source: Economic Planning Unit, MTCP, Ministry of Foreign Affairs, Malaysia, 2011 32 Sources: Sixth, Seventh, Eighth, Ninth and Tenth Malaysia Plans; UN Millennium Development Goal Report; Malaysian Technical Cooperation Programme (MTCP) Report of the Ministry of Foreign Affairs, Malaysia; and Economic Planning Unit Reports (1994 – 2010). 75
offered by the 35 MTCP training institutions, many of which are centres of excellence for training, with the aim of building human capital in other developing countries (including IDB member countries (Figure 6.7). 169. Malaysia has a wealth of development experience to share with other developing countries, especially specific areas in which Malaysia has strengths and expertise. South- South Cooperation (SSC) provides a “smart partnership” framework for Malaysia to share its development experience and expertise under the MTCP with other developing countries in line with the policy of “prosper thy neighbour”. The creation of the MTCP is seen as a vehicle for sharing Malaysia’s development experience with other developing countries, especially in specific areas where it has strengths and expertise. The MTCP was part of the strategy and commitment of the Government to promote Technical Cooperation among Developing Countries (TCDC), strengthen bilateral, regional and sub-regional cooperation, and nurture collective self-reliance among developing countries. The establishment of the MTCP is a big step forward for Malaysia, as it signifies the country’s willingness to assist other developing countries in their efforts at developing their economies. It has provided the Malaysian Government with an instrument to further Malaysia’s commitment in the international arena to play a leading role among developing countries. The main objectives of the MTCP are the following: Share Malaysia development experience with other developing countries Promote South-South Cooperation based on collective self-reliance and selfsufficiency Strengthen bilateral relations between Malaysia and other developing countries and cooperation partners 170. Malaysia’s main objective in initiating the programme is to strengthen its relationship with other developing countries through trade and industry and to provide assistance in selected areas. To reflect the spirit of partnership and cooperation among developing countries, the MTCP which changed its name in 1983 from the Malaysian Technical Assistance Programme (MTAP), signaled a departure from donor-recipient relationship to a partner-in development approach. This is consistent with Malaysia’s strong support of SSC and Technical Cooperation among Developing Countries (TCDC), based on the principle of equality and mutual benefit. Furthermore, Malaysia recognises that TCDC can play a significant role in achieving the international development goals, including MDGs. 171. In the true tradition of SSC, MTCP provides a channel for developing countries to study each other’s experience in nation building. At its inception, the MTCP was confined to ASEAN, OIC and Pacific Island countries. The Programme was later expanded to include many other developing countries, particularly those that are categorised as economies in transition. 172. The identification and prioritisation of countries to be participants of the MTCP’s technical cooperation is based on three major considerations, i.e. political, economic and humanitarian. When MTCP was first launched, countries which had friendly diplomatic relations with Malaysia and it had a political interest in regions such as ASEAN and OIC countries, Pacific islands and other developing countries in the Asia Pacific region, were targeted to enhance bilateral relations between Malaysia and these countries through 76
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Acknowledgements Appreciation for s
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ISRA : International Shari’ah Res
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(v) Foreign Direct Investment……
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(2005)), key insights emerged in tw
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drain. Further, the Government need
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macroeconomic indicators are given
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SMEs are concentrated in the servic
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easy technology adoption, pro-busin
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Kelantan with the lowest per capita
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Figure 1.12. General Growth Diagnos
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that the Government’s Economic Tr
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(ii) Low Returns to Investments app
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Figure 1.22. Malaysia's Exports by
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43. Malaysia’s private firms are
Page 33 and 34: over the medium-term. Several initi
Page 35 and 36: growth software compared to its maj
Page 37 and 38: esearchers and technicians in R&D p
Page 39 and 40: 59. Malaysia can further enhance it
Page 41 and 42: Annex Table 1.2. Malaysia: MDGs Ach
Page 43 and 44: 64. The Malaysian experience has al
Page 45 and 46: economic growth. The ETP is expecte
Page 47 and 48: 77. According to the Global Competi
Page 49 and 50: development of infrastructure throu
Page 51 and 52: a. Northern Corridor Economic Regio
Page 53 and 54: The challenge is for financial inst
Page 55 and 56: Original Equipment Manufacturing (O
Page 57 and 58: Intensify formalisation to promote
Page 59 and 60: Sukuk market has experienced unprec
Page 61 and 62: For innovation to become an importa
Page 63 and 64: y the United States (MYR2.3 billion
Page 65 and 66: (vi) (vii) Sharing Eexperience and
Page 67 and 68: institutions as well as Islamic pro
Page 69 and 70: Liberal Foreign Exchange Administra
Page 71 and 72: Issues/Challenges Facing the Islami
Page 73 and 74: Funding from Government of Malaysia
Page 75 and 76: programmes in the country. Initiati
Page 77 and 78: labeling and branding of Halal prod
Page 79 and 80: to over 200 industrial estates or p
Page 81 and 82: member countries can be provided te
Page 83: Figure 6.5: MATRADE Business Strate
Page 87 and 88: case of the economies in transition
Page 89 and 90: Key Challenges Facing the MTCP
Page 91: iii. Conclusion 185. Above diagnost
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