With Best Compliments from - BQSM

Message From
The President
July 2010
presume by now everyone must be well aware of the
I New Economic Model (NEM) that aims to transform
the country into a high income nation. NEM is said to
ensure that Malaysia makes a quantum leap to escape
the middle-income trap to become a high-income nation
through greater emphasis on innovation, creativity and
competitiveness. It is said to be a powerful and dynamic
economic approach that protects the nation for future
generations. It is a model that would shape the country and
its citizen to have a better quality of life. It envisions by the
year 2020 Malaysia will be a country that is market driven,
well-governed, regionally integrated, entrepreneurial and
highly innovative. You must have seen, heard or read the
Prime Minister’s keynote address in economic conferences
and mentioned in his address during the presentation of
the 10th Malaysia Plan, as well as comment and analyses
by columnists, educationists and laymen alike. A lot have
been said about NEM policies and approaches.
competencies and productivity which will be benchmarked
against international competitors, reduced dependency on
unskilled foreign labor, and most important creating a conducive
business environment through high quality and productivity
government workforce.
Sustainability not only implies sustaining the growth but also
respecting the environment. The NEM must include a commitment
to sustainability not only in economic activities but in considering
the impact of economic development on the environment and
precious natural resources. High and sustained growth and
environmental stewardship can and must go hand in hand for the
future generations. As the Prime Minister reiterated “Not only do
I want the rakyat to earn better but they must also live better”.
Inclusiveness means no-one is left out. Inclusiveness is a key
prerequisite for fostering a sense of belonging and engagement
in the NEM. The NEM recognizes the imperative of harnessing
the potential of all Malaysians, and that all share in the proceeds
of increased national prosperity.
The NEM calls for major changes in the way we do things. The
government is seriously looking into new innovative procurement
and outsourcing strategies to ensure value for money and total
cost effectiveness in the projects implemented under 10th
Malaysian Plan. With this in view, I would like to call the Quantity
Surveyors fraternity to acquire or develop new expertise and
specialization to be ready for the new era.
But what you need to take from all the write-ups with regards
to NEM is the three guiding principles that emerged clearly from
the policy. These principles are – High income, Sustainability,
and Inclusiveness. These principles will drive the economic
progress for Malaysia to become a fully-developed nation i.e. a
competitive economy strategically positioned in the regional and
global economic landscape, environmentally sustainable and a
quality of life that is all inclusive and encompassing.
High income signifies wealth creation. This is said to be the raison
d’être of the NEM to increase the current per capita income of
USD7,000 to USD15,000. This transformation will be based on
the premise of building upon existing sectors and maximizing
the potential of new ones through innovation. Creating a high
income nation will mean higher wages throughout the economy
as growth is derived not only from capital, but from greater
productivity through the use of skills and innovation, improved
coordination, stronger branding and compliance with international
standards and intellectual property right. This means investment
in new technology, continuous education, on-the-job training
and re-skilling to build highly skilled workforce to produce higher
The Board of Quantity Surveyors Malaysia wish to congratulate
the Institution of Surveyors Malaysia for it successful 12th
International Surveyors Conference held on 17 -18 June 2010
and subsequently its Annual General Meeting, followed by the
49th Annual Dinner held on 19 June 2010. I attended these
functions and am very proud to see one of us, Assoc Prof Sr Dr
Wan Maimun Wan Abdullah, as the 49th ISM President being
congratulated by ISM Past Presidents and her peers for her
contribution and excellent work in helming ISM to greater heights
during her tenure as the 1st lady president of ISM. It is deeply
rewarding and satisfying for me to see a Quantity Surveyor held
in high respect amidst other Surveying professions.
Y. Bhg. Dato’ Sr Abdull Manaf Bin Hj Hashim
President Board Of Quantity Surveyors Malaysia
Bulletin of The Board of Quantity Surveyors Malaysia •
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