New Economic Policy Malaysia Strategies

The new century began with the launch of the national vision policy nvp for the current period 2001 2010. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the national development policy ndp in 1991. Introduction since independence the government of malaysia has formulated various development plans 3.

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New Economic Policy

L6 National Development 4 1 Amp 4 2

New Economic Policy

The overriding objective of the nep was stated as national unity.

New economic policy malaysia strategies. It was implemented in 1971 in the aftermath of the 1969 racial riots and the period set for the implementation of nep was 1971 1990. National transport policy 2019 2030 the national transport policy ntp 2019 2030 has been developed to lay the policy thrusts and strategies to enhance our. Dasar ekonomi baru deb was a social re engineering and affirmative action program formulated by the national operations council noc in the aftermath of 13 may incident in malaysia. The new economic policy nep was formulated with the overriding objective of attaining national unity and fostering nation building through the two pronged strategy of eradicating poverty and restructuring society.

Development plan in malaysia 4. New economic policy 1. Chaptre 1 new economic model for malaysia part i. The eleventh economic plan for malaysia identifies six strategic thrusts key points along which the economic policies will focus to ensure malaysia reaches its goal of becoming a high income country by 2020 the key target for the whole plan is for malaysia to reach the advanced economy status that is to say a national income per capita.

Malaysia to become an advanced economy by 2020. Nvp incorporates key strategies of its predecessor policies the nep and ndp while encapsulating new policy dimensions. Strategic policy directions neac national economic advisory council jd132294 title page indd 1 3 20 10 4 48 43 pm. In a simple definition the new economic policy is malaysia s socioeconomic affirmative action plan.

The new economic policy started out with the best intentions but over the years it has become a polarising policy associated with discrimination on one hand and entitlement as to rights on the other in actual fact the nep in its original concept and purpose is neither of the two we all know the origins of the original new economic policy that was introduced by the late tun abdul razak. New economic policy 1971 1990 national development plan 1991 2000 muhammad asyraf hassan 2011203642 2. The new economic policy nep malay. This period covered two malaysia plans eighth and ninth malaysia plan.