Economic Transformation Programme finale

8/7/2019 Economic Transformation Programme finale

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MUHAMMAD FARIS ZAHARUDIN 2009742279

ECONOMIC TRANSFORMATION

PROGRAMME


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Economic Transformation Programme

Comprehensive effort that will transform Malaysia

into a high-income nation by 2020

Lift Malaysia GNI per capita from RM23,700 in

2009 to more than RM48,000 in 2020

More than 3.3 million new jobs will be created by

2020


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Implementation of concrete changes in specific sectorsand areas of the economy

12 NKEA at the core of ETP- Oil, Gas and Energy, Palm Oil, Financial Services, Tourism, Business Services,Electronics and Electrical, Wholesale and Retail, Education, Healthcare,Communications Content and Infrastructure, Agriculture and Greater KualaLumpur/Klang Valley

12 labs created for each sector consisted of representativesof the private sector and civil service and were facilitatedby PEMANDU


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Wholesale and Retail

The industry contributed about RM57 billion to GNIin 2009 and also contributed around 500,000 jobsand this area would raise GNI contribution by

RM108 billion to reach a total contribution ofRM165 billion per annum by 2020.

Under the second phase, investment made by MINESResort City to be transformed into MINES Wellness

City, an integrated health and wellness Resortexpected to contribute about RM5 billion in grossnational income over the next 10 years.


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Education

The sector contributes approximately RM27 billion

or 4% of GNI in 2009 and targeted to raise total

GNI contribution by RM34 billion to reach RM61

billion by 2020

Require the private education sector to grow six-

fold and this would need RM 20 billion in funding

over the next 10 years


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Healthcare

The sector mainly contributes about RM 15 billion in

GNI and expected to increment by reaching RM 50

billion by 2020

Investment of RM 1.25 billion by UM Holdings Sdn

Bhd for the establishment of Universiti Malaya

Healthcare Metropolis


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Communications Content and

Infrastructure

In 2009, the sector contributed about RM22 billion

of GNI from telecommunications, TV and

broadcasting as well as post and courier

investment commence in the second phase by

SelecTV that involves RM30 million to create an

internet protocol TV (IPTV) platform


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Agriculture

The Agriculture NKEA is targeted to raise total GNI

contribution by RM34 billion to reach RM49 billion

by 2020

Terengganu State Development has received

approval to develop a High-Value Herbal

Plantation in Pasir Raja


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Greater Kuala Lumpur/Klang Valley

Key to the success of the Greater Kuala

Lumpur/Klang Valley NKEA is the Mass Rapid

Transit (MRT) and Talent Corporation EPP

The investment of RM36.6 billion will see an

incremental GNI contribution of RM21.3 billion in

2020


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Oil, Gas and Energy

The NKEA for oil and gas industry would be focused

throughout the upstream, midstream and downstream

activities.

The energy sector comprises power generation,transmission and distribution.

Oil, gas and energy sector has been a mainstay of

Malaysias growth and contributes approximately 20%

of GDP

This sector is targeted to raise total GNI contribution to

RM241 billion by 2020 from RM110 billion in 2009


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Projects

DialogGroup Bhd

ExxonMobil Shell

MalaysiaNuclearPower

Energy Corp


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Dialog Group Bhd

Dialog Group Berhad is leading a consortium

comprising of the State Government of Johor and

Vopak to develop an Independent Deepwater

Petroleum Terminal Project at Pengerang, Johor witha total petroleum storage capacity of about 5

million cubic meters.

Investment: RM5 billion Potential Jobs (by 2020): 5,000 throughout

construction and operation


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ExxonMobil

ExxonMobil Exploration and Production Malaysia Inc., in conjunction with itsProduction Sharing Contract (PSC) partner, PETRONAS Carigali Sdn Bhd.,has plans to invest in excess of RM 10 billion in new oil and gas assets.

Under the terms of the recently executed 2008 PSC with PETRONAS,investments will be made to rejuvenate mature facilities and undertake

enhanced oil recovery activities in the Tapis field. The Telok project, offshore Peninsular Malaysia, is being developed under a

Gas Production Sharing Contract to provide additional supplies forMalaysia's power and industrial needs and will promote organic growth ofthe natural gas sector.

These projects are expected to start up as early as 2013 and ExxonMobil's

technology, project management and operational leadership will beapplied over the life cycle of these projects to maximize value for thepartners and for Malaysia.

Investment: Over RM10 billion


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Shell

Shell Malaysia will invest RM5.1 billion into projects toupgrade, expand or build their facilities in upstream,midstream and downstream across Malaysia.

These projects include the expansion of the Shell MDSwax plant in Bintulu, a new diesel processing unit at theShell Refinery in Port Dickson, and the Gumusutdeepwater development offshore Sabah.

Investment: RM5.1 billion

GNI Contribution: RM2.9 billion

Potential Jobs: 1,650 over the construction period


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Malaysia Nuclear Power Energy

Corporation

Establishment of Malaysia Nuclear Power Energy

Corporation to study the possibility of deploying

nuclear energy to meet future demand and

diversify the energy mix for Peninsular Malaysia.


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The focus is on the downstream; non-food downstream, and food-and-health downstream.

Aimed to raise the industrys GNI contribution from a current RM52.7billion to RM178.0 billion by 2020.

With the implementation of the EPPs, the average salary of161,000 low-income independent smallholders will significantlyimprove by 47 percent in 2020.

In addition, this sector aims reduce the dependence on foreignlabour by 15 to 20 percent as a result of major gains in workerproductivity in plantations.

These EPPs will also create 41,600 new local jobs upstream and81,800 additional jobs downstream, of which 40 percent will behigh-skilled jobs earning an average monthly income of RM6,000.Additionally, 110,000 upstream foreign workers will be reduced.

Palm oil


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Bio-oil Plant inSabah

PremiumRenewableEnergy (M)Sdn Bhd

Felda Bhd

Other oilpalm

companies


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Bio-oil Plant

PRE will set up an RM1124m bio-oil plant in LahadDatu, the first in Malaysia.

Aim to establish 29 bio-oil plants by 2020 as part ofthe Palm Oil NKEA to commercialise second-generationbiofuel using oil biomass.

PRE would work with the Felda and other oil palmplayers to spearhead production of bio-oil from oilpalm biomass and other biomass available regionally.

Bio-oil can substitute fossil fuel as sources of energy forpower and transportation needs.

In Netherlands, bio-oil was used in natural gas firedpower plant in Harculo.


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Targeted to raise total GNI contribution by RM121.5billion by 2020.

Through the EPPs, 45,000 jobs will be created, with 56

percent of them offering an average income of aboveRM4,000 per month.

Financial institutions will benefit from the funding of ETPprojects.

RM26 billion KL International Financial District will bedeveloped by Abu Dhabi government investment vehicleMubadala and state-owned development company1MDB.

Financial services


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To contribute RM103.6 billion in GNI by 2020 compared to RM36.9billion in 2009.

The industry will need to achieve: Tourist Arrivals: From 24 million in 2009 to 36 million by 2020 (1.5

times growth)

Yield (receipts per arrival): From RM2,260 in 2009 to RM4,675 by2020 (two times growth)

Tourist Receipts: From RM53 billion in 2009 to RM168 billion by 2020(3.2 times growth)

Outcome:

Income per capita: Increase in income per capita above the currentaverage of RM10,843

Higher employment: 497,200 additional tourism jobs in the tourismsector by 2020 ( 30 percent increase from 2009)

Tourism


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Projects

Teluk Dataidevelopment

Pulau Gayadevelopment

Hotel in KLSentral


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Teluk Datai development

Teluk Datai Resorts Sdn Bhd (TDR), a company which is70% owned by Khazanah Nasional Berhad and 30%by its original founders Tan Sri Razali Rahman andDatuk Hassan Abas through Archipelago Hotels (East)

Sdn Bhd, will be developing 300 acres of land in PulauLangkawi as part of its development plans for TelukDatai.

The development which is due for completion in 2014will see the expansion and upgrading of The Datai

Hotel and the golf course as well as the development ofvarious premium hotels and luxury villas for sale.

Investment: RM1 billion


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Pulau Gaya development

To be developed by YTL Group, the Pulau GayaResort is designed as a deluxe family resort of 132spacious hillside and sea-front villas.

This Resort features elements of traditional Sabahanarchitecture, and will include a Feast Villageshowcase restaurant paired with anotherspecialising in epicurean fine dining.

The highlight of amenities is a Spa Village, whichwill be the only one in a shoreline mangrove setting.

Investment: RM75 million


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Hotel in KL Sentral

KL Sentral Sdn Bhd, is a consortium comprising

Malaysian Resources Corporation Berhad (MRCB -

64.38%), Keretapi Tanah Melayu Berhad (26%)

and Syarikat Pembinaan Redzai (9.62%).

A 208-room hotel and 160-unit residence, will be

built on a 2.2-acre site in KL Sentral.

It will be managed by St Regis, an international six-star hospitality brand.



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The GNI of the business services sector will be grown fromRM19.5 billion in 2009 to RM78.7 billion in 2020.

ETP aims to develop Malaysia as world class data centerhub due to factors such as increasing foreign demand forDCs in Asia Pacific, the rising cost of doing business forcurrent market leaders such as Hong Kong and Singaporeand increased domestic demand for IT outsourcing.

Data centers are specialised facilities that support the day-

to-day operations of applications and data processing inmany enterprises.

Government is working with several private companies todevelop new and upgrade existing facilities.

Business services


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Company Investment

My Telehaus Sdn Bhd RM250 million

CSF Group RM21.6 million

Teliti Datacentres RM400 million


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The strategy is to focus on four target sub-sectors,

chosen based on attractiveness in terms of growth

and size (semiconductors, LEDs, solar and industrial

electronics and home appliances) and fourgeographic clusters (Northern Corridor, Greater

Klang Valley, Johor, and Sabah and Sarawak).

Projected to contribute RM90.1 billion to GNI and

157,000 jobs by 2020.

Electronic and electrical


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Solar-power facility in Melaka

The project is developed by AUO Sunpower, MNC

company specialising in solar-power facility.

The new facility in Melaka is scheduled for

completion in 2013 and is expected to generatemore than 1,400 megawatts annually.


Jobs Created: 4,069 by 2012


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THANK YOU VERY MUCH

Economic Transformation Programme finale

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