PUTRAJAYA: To remain competitive in global trade, Malaysia will needs new initiatives that can boost the marketability of local products, says Datuk Seri Ismail Sabri Yaakob.
The Prime Minister said for this purpose, the International Trade and Industry Ministry was now drafting the National Investment Aspirations .
In April, the Cabinet approved the NIA, a forward-looking growth framework that will form the basis for comprehensive reforms for Malaysia's investment policies. The government, he said, had prepared eight stimulus packages amounting to RM530bil to reduce the pandemic's impact on the economy. The recently-launched 12th Malaysia Plan was drafted to be aligned with efforts to strengthen the economy, environmental sustainability and social re-engineering to ensure the country continues to experience inclusive socio-economic development.
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