‘Efforts to be intensified to address development imbalances in six regions’
To improve wellbeing for all, strategies including increasing purchasing power for all, providing quality and affordable housing and enhancing the healthcare delivery system will be carried out.
The report said efforts would also be intensified under the third pillar ‘ Pursuing Balanced Regional Development’ to address development imbalances in the six regions, namely Northern, Eastern, Central, Southern, Sabah and Sarawak.
Focus would be given to enhance economic activities, particularly in the less developed areas within states and regions as well as reduce development gaps between urban and rural areas.
The new government will also focus on empowering human capital, which is highlighted as the fourth pillar of priority under the review. Towards this objective, focus will be given to creating skillful, knowledgeable and innovative human capital to meet the requirements of the industry.
The report added that these would be implemented through four priority areas, namely reforming the labour market; improving labour efficiency and productivity; enhancing access to quality education and training as well as fostering stronger industry-academia linkages.
In the last leg of the 11th MP, the government is also committed to enhancing environmental sustainability through green growth where initiatives will be enhanced to ensure sustainability of natural resources and increase resilience against climate change and disasters while achieving higher economic growth.
Efforts will be undertaken to drive the final and sixth pillar, ‘Strengthening Economic Growth’, by enhancing productivity and increasing competitiveness of the industries.
At the same time, it said measures will be intensified to enhance sectoral development and develop of high value- added activities with knowledgeintensive content, supported by a skilled workforce.
“Meanwhile, infrastructure and utilities will be further enhanced to support and facilitate economic activities,” the report said.