Tuesday 1 November 2011

RM10b ETP investments realised

Some RM10 billion in investments under the Economic Transformation Program (ETP) over the past one year have been realised, constituting 64 per cent of the RM15 billion in investments committed for the year, chief executive officer of the Performance Management and Delivery Unit (Pemandu) Datuk Seri Idris Jala said today.

He also said that Entry Point projects (EPPs) were progressing well. A total of 70 out of the 131 EPPs or 53 per cent have taken off.

"As some EPPs have multiple projects, we now have 97 projects which are in various stages of implementation," he said in a media briefing in conjunction with the ETP having completed its first 12 months.

The ETP, launched by Prime Minister Datuk Seri Najib Tun Razak in October 2010, aims to transform Malaysia into a high income nation by 2020. -- Bernama
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