DILI: Pope Francis arrived Monday (Sept 9) in Timor-Leste, where he will rally the Catholic-majority nation's faithful with a huge mass on the third stop of a gruelling 12-day Asia-Pacific tour.
CYBERJAYA: The newly unveiled Public-Private Partnership Master Plan 2030 is aimed at strengthening Malaysia 's economic development and governance, says Datuk Seri Anwar Ibrahim.
Anwar explained that the plan sets ambitious targets, with an expected RM78bil increase in private investment, RM82bil contribution to the nation’s Gross Domestic Product and the creation of 900,000 jobs by 2030. "This approach enhances competition, drives innovation and ensures the government and the people receive the best possible value.”
“By tapping into private sector capital and expertise, we can accelerate the completion of infrastructure projects with better quality, benefitting both the public and the economy.“This strategy is crucial for advancing the country and improving the people's standard of living,” he said. These models ensure that private companies bear the construction costs, which are then recovered through user charges.
At the same time, Anwar also highlighted the importance of ensuring financial, legal, technical and socio-economic aspects are thoroughly evaluated before any project is finalised.
Pikas 2030 Malaysia Economy Development Governance Public-Private Partnerships
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