New Straits Times : 4TH INDUSTRIAL MASTER PLAN UNVEILED BY PM
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CreatedThursday, 07 September 2023
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Created byRafiqah binti Mohd Talhah
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Last modifiedSunday, 12 May 2024
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Revised byRafiqah binti Mohd Talhah
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2.9.2023 : MALAYSIA rolled out its fourth industrial master plan yesterday, aimed at revitalising the country's manufacturing sector and increasing its value-added turnaround to RM587.5 billion by 2030. Dubbed the New Industrial Master Plan (NIMP) 2030 and costing some RM95 billion in total investments over its implementation period, the seven-year plan is expected to provide employment for 3.3 million people through the creation of high-skilled jobs as the country advances towards higher value-added activities and improvements in automation, as well as technological advancements. Prime Minister Datuk Seri Anwar Ibrahim said NIMP was the key component of the "Madani Economy: Empowering the People" framework, which was unveiled by the unity government on July 27.
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