New Industrial Master Plan 2030 requires RM95b worth of investments over seven years — PM

KUALA LUMPUR (Sept 1): The government's implementation of the New Industrial Masterplan 2030 (NIMP 2030), will require an estimated total investment of RM95 billion through its seven years, to propel the country's economic growth.

Prime Minister Datuk Seri Anwar Ibrahim said at the plan’s launch that the investment would be mainly from the private sector, mobilised from private equity, capital and financial markets.

Through strategies such as increasing economic complexity, strengthening domestic industrial linkages, and positioning Malaysian industries higher in the global value chain, the NIMP 2030 targets to build Malaysia's industrial capacity and resilience for long-term and sustainable growth, he added.