11MP to herald more houses, higher income and better Government services

PETALING JAYA: More affordable housing, higher per-capita income and strengthened national infrastructure – these are in the pipeline when the 11th Malaysia Plan (11MP) kicks off Thursday.

“The Plan, set to run from 2016 to 2020, marks a momentous milestone in our nation’s history.

“With 2020 now just five years away, the Eleventh Plan is the next critical step in our journey to become an advanced nation that is inclusive and sustainable,” said Prime Minister Datuk Seri Najib Tun Razak at the launch of 11MP.

The 11MP has six key thrusts, namely; strengthening macroeconomic resilience for sustained growth, enhancing inclusiveness towards an equitable society, improving well-being for all, accelerating human capital

development for an advanced nation, pursuing green growth for sustainability and resilience, strengthening infrastructure to support economic expansion and re-engineering economic growth for greater prosperity.

The 11MP will see 3,000km of paved roads constructed and 90,000 additional households being supplied with clean, treated water and 36,800 homes being supplied with electricity.

It will also see the mean monthly household income being raised to RM5,270 from RM2,537 in 2014.

“The 11th Malaysia Plan will make the difference – it contains specific strategies and programmes bounded on outcomes to unlock productivity and transform innovation to wealth.

“Spurring productivity and innovation will provide the basis for sustained economic growth, create new economic opportunities and ensure continued well-being and prosperity of the rakyat,” said Najib.
He added that under the 11MP, the people will be the focus of all development efforts.

“The Plan will disproportionately focus on the people – the rakyat will be the centre piece of all development efforts,” said Najib.

The 11MP will see further improvements to safety in Malaysia, with an optimised emergency response time being set at eight minutes, a 5% reduction in the annual crime index.

Additionally, the 11MP aims to improve universal access to healthcare for all Malaysians, with a target of 2.3 hospital beds for every 1,000 people and a 1: 400 patient to doctor ratio.

It also aims to provide adequate quality, affordable housing to poor, low and middle-income households with 47,000 houses to be constructed or repaired for the poor and 606,000 houses to be developed for low and middle-income households

“The Eleventh Plan will be premised on the Malaysian National Development Strategy that will focus on rapidly delivering high impact outcomes to both the capital economy and people economy at affordable cost,” said Najib.

It was also revealed under the plan that the plan would work on strengthening disaster risk management (DRM), improving food mitigation and enhancing climate change adaptation as well as creating green markets, increasing the share of renewables in the energy mix, promoting low-carbon mobility and managing waste holistically.

“In order to sustain our growth momentum and ensure that the rakyat continue to prosper, we need to forge ahead with greater resolve and introduce bold measures for the long-term benefit of all Malaysians,” said Najib.

He added that greater volatility and uncertainty in the global economy was foreseen due to declining oil prices, realignment of exchange rates and geopolitical risks.

“We have to be cognisant that the global landscape is going to be increasingly challenging,” said Najib.

For more information on Building and Construction event, please visit www.asiapacificevents.com