Govt to allocate 10 pct of total investment in NIMP 2030

Govt to allocate 10 pct of total investment in NIMP 2030

13 Oct 2023

The government will allocate up to 10 per cent of the total investment in the New Industrial Master Plan (NIMP) 2030 as a catalyst to drive the plan’s mission, with an initial RM200 million fund in 2024.

Prime Minister Datuk Seri Anwar Ibrahim said NIMP targets up to RM95 billion in total investment, creating 3.3 million job opportunities with an intermediate salary of up to RM4,510 a month by 2030.

“The Madani Economy framework is to uplift Malaysia’s name as a regional economic champion.

“To achieve that aim, the economic structure needs to be revamped and reorganised so that the existing potential can be developed,” he said in his speech during the tabling of Budget 2024 in the Dewan Rakyat today.

Source: NST