Download PDF - ETP - Pemandu

Let me reiterate that we remain committed to reducing
government’s role in business to enable the private sector
to take the lead; simplifying and reducing the cost of doing
business; and developing a larger pool of qualified and
skilled workers.
As a testament to the Government’s commitment, all
ministers and ministries’ KPIs, with deliverables and
timelines, were set out in early 2011. To ensure smooth
implementation of the projects under the ETP, we have put
in place a problem escalating governance structure from
PEMANDU to ministers, and to the Economic Council which
I chair every week.
I am pleased to announce that all of the NKEAs have either
exceeded or met their 2011 targets. While it is natural that
some KPIs will outperform others due to the dynamism of
the economy, we are taking steps to address the issues to
ensure we achieve the set targets.
In 2011, Malaysia’s GDP grew by 5.1 per cent. Foreign direct
investment (FDI) rose to RM32.9 billion in 2011. This is an
increase of 12.3 per cent over the RM29.3 billion in 2010.
It is gratifying to note that private sector investment has
grown to RM94 billion in 2011, up 19.4 per cent from 2010.
Internationally, our efforts have been recognised. According
to the AT Kearney 2011 FDI Confidence Index, inflows rose
537 per cent to US$9 billion in 2010 from the previous year.
They reported that this number will be surpassed in 2011
and, based on the sentiments reflected in the index, it is
likely to continue in this positive direction in 2012.
In the World Bank Report on Doing Business 2012, we
improved five positions to 18th from 23rd in 2011 amongst
183 economies. The report puts us ahead of countries such
as Germany, Japan, Taiwan and Switzerland.
Malaysia also moved up five places to the 21st position of
142 countries globally in the World Economic Forum Global
Competitiveness Report. We were ranked sixth amongst Asia
Pacific countries and second in ASEAN.
It is important that we give ourselves credit for doing a
remarkable job this year. It is, and continues to remain
challenging, to galvanise the entire civil service to push
ahead with the reforms. However, we remain on course
as we will be impacted by the on-going global economic
uncertainty and higher productivity is critical to our future
success as a nation.
I would like to take this opportunity to thank all the
ministers and civil servants for their contributions. We have
indeed done and achieved much this year. I would also like
to express our appreciation to all in PEMANDU especially
Senator Dato’ Sri Idris Jala and his team of directors who
have been driving the ETP.
There are challenging and rewarding times ahead. Let us
continue to keep our eye on the ball as there is another nine
years of hard work ahead of us. I am confident that together,
we can transform our country into a globally competitive
investment destination, and high income fully developed
nation, by 2020. Thus, ensuring every citizen benefits. I urge
you to join us to scale these new heights.
Yang Amat Berhormat
Dato’ Sri Mohd Najib bin Tun Abdul Razak
Prime Minister of Malaysia
A Note from the Prime Minister
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