84 percent of ETP projects implemented, says PM

Prime Minister Najib Abdul Razak said which 84 percent of a 87 previously voiced Economic Transformation Programme (ETP) projects have been implemented to date, dousing scepticism on a feasibility of a projects.

Out of a 87 initiatives - twenty-three have been operational, 50 have commenced as well as 14 have been in progress.

Attributing this to a surge of RM21.3 billion in unfamiliar direct investment (FDI) in a initial half of this year compared to RM12.1 billion in 2010, Najib said: This represents s 76 percent surge in FDI compared to a RM12.1 billion in a same duration final year.

This obviously shows which unfamiliar investors have been increasingly seeking during advantages offered by Malaysia, he said.

Malaysia was ranked 21 in a World Economic Forum Global Competitiveness Report, up from its 26th mark final year.

[More to follow]

Courtesy of Bonology.com Politically Incorrect Buzz & Buzz

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