Avoid ‘useless’ projects in 12MP, Putrajaya told

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Title : Avoid ‘useless’ projects in 12MP, Putrajaya told
Category : Malaysians

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Avoid ‘useless’ projects in 12MP, Putrajaya told

The 12th Malaysia Plan should promote social protection, rebuild pensions and social assistance, says an economist.PETALING JAYA: The 12th Malaysia Plan needs to be different from previous plans and should not include “useless” projects and packages as the nation struggles with unemployment and economic slowdown, said an economist.Geoffrey Williams of the Malaysia University of Science and Technology (MUST) said the 12th five-year plan should not be driven by lobby groups with agendas such as green growth or the fourth industrial revolution.Instead it must focus on the realities of the current and future social situation for the majority of Malaysians. “It should be less government-driven and more balanced to create a social market response to future development needs with enterprise and competition at the core, but social impact as the aim,” he told FMT. Geoffrey Williams.The…

The 12th Malaysia Plan should promote social protection, rebuild pensions and social assistance, says an economist.PETALING JAYA: The 12th Malaysia Plan needs to be different from previous plans and should not include “useless” projects and packages as the nation struggles with unemployment and economic slowdown, said an economist.Geoffrey Williams of the Malaysia University of Science and Technology (MUST) said the 12th five-year plan should not be driven by lobby groups with agendas such as green growth or the fourth industrial revolution.Instead it must focus on the realities of the current and future social situation for the majority of Malaysians. “It should be less government-driven and more balanced to create a social market response to future development needs with enterprise and competition at the core, but social impact as the aim,” he told FMT. Geoffrey Williams.The…


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