Utusan poll: Most skeptical about ETP
Published: Nov 14, 2010 5:43 AM | Updated: Nov 14, 2010 5:53 AM
The majority of participants in an online survey on Utusan Malaysia’s website are skeptical that the Economic Transformation Programme would put Malaysia on track towards becoming a high income nation.
The majority of participants in an online survey on Utusan Malaysia’s website are skeptical that the Economic Transformation Programme (ETP) would put Malaysia on track towards becoming a high income nation.
At the time of writing, 46.7 percent out of 1,538 participants answered “No” to whether they were confident that the ETP would achieve its goals.
A third or 33.6 percent of participants answered “Yes”, while another 19.6 percent answered “I don’t know what is ETP”.
Utusan Malaysia’s survey results is a far cry from claims of high public support for the plan by ETP’s chief architect - the Performance Management and Delivery Unit (Pemandu).
In September, Pemandu chief Idris Jala had claimed that 86 percent out of 1,060 survey respondents had given the ETP the thumbs up after visiting the ‘ETP open day’.
The ETP is the Najib administration’s ambitious USD444 billion plan involving 131 projects to transform Malaysia into a high income economy by 2020.
Gross national income (GNI) per capita is set to double from RM23,700 to RM48,000 in 2020 with 3.3 million new jobs created under the plan.
The projects will mostly be funded privately while 32 percent will be funded by government linked companies. About eight percent will be funded by the federal government.
Such projects will involve the 12 National Key Economic Areas such as oil, gas and energey, palm oil, financial services, tourism, business services, electronics and electrical sector, wholesale and retail, education, healthcare, communications content and infrastructure, agriculture and Greater Kuala Lumpur/Klang Valley.
However, analyst are generally skeptical of the ETP with some claiming that it was an over glorified investment prospectus, while Pakatan Rakyat controlled states claim that they were not consulted and appeared marginalised under the programme.
At the time of writing, 46.7 percent out of 1,538 participants answered “No” to whether they were confident that the ETP would achieve its goals.
A third or 33.6 percent of participants answered “Yes”, while another 19.6 percent answered “I don’t know what is ETP”.
Utusan Malaysia’s survey results is a far cry from claims of high public support for the plan by ETP’s chief architect - the Performance Management and Delivery Unit (Pemandu).In September, Pemandu chief Idris Jala had claimed that 86 percent out of 1,060 survey respondents had given the ETP the thumbs up after visiting the ‘ETP open day’.
The ETP is the Najib administration’s ambitious USD444 billion plan involving 131 projects to transform Malaysia into a high income economy by 2020.
Gross national income (GNI) per capita is set to double from RM23,700 to RM48,000 in 2020 with 3.3 million new jobs created under the plan.
The projects will mostly be funded privately while 32 percent will be funded by government linked companies. About eight percent will be funded by the federal government.
Such projects will involve the 12 National Key Economic Areas such as oil, gas and energey, palm oil, financial services, tourism, business services, electronics and electrical sector, wholesale and retail, education, healthcare, communications content and infrastructure, agriculture and Greater Kuala Lumpur/Klang Valley.
However, analyst are generally skeptical of the ETP with some claiming that it was an over glorified investment prospectus, while Pakatan Rakyat controlled states claim that they were not consulted and appeared marginalised under the programme.
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