How will the 12th Malaysia Plan address regional economic gaps?

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The 12th Malaysia Plan will focus on enhancing regional economic potential and intensifying development in Sabah and Sarawak to reduce disparities.

The 12th Malaysia Plan is set to prioritise the optimisation of regional economic potential, with a specific emphasis on accelerating sustainable urban development and intensifying rural development. A key component of this strategy involves enhancing development efforts in Sabah and Sarawak to address and reduce socioeconomic imbalances between regions and states. These initiatives are designed to foster more equitable growth and improve the overall well-being of the population.
Enhancing Regional Economic Potential

The overarching strategy for the latter phase of the 12th Malaysia Plan involves a concentrated effort to boost the economic capabilities of various regions across the country. This approach aims to move beyond broad national development and focus on optimising the unique economic opportunities present in different geographical areas. By enhancing regional economic potential, the plan seeks to create a more diversified and resilient national economy.
Intensifying Development in Sabah and Sarawak

A significant aspect of the 12th Malaysia Plan is the dedicated focus on intensifying development within Sabah and Sarawak. This targeted approach is crucial for narrowing the existing economic gaps and alleviating socioeconomic disparities, particularly within the Bumiputera community in these states. The plan acknowledges the need for specific interventions to uplift these regions and ensure their development keeps pace with other parts of the nation.
Promoting Equitable Growth and Well-being

The ultimate objective of these intensified regional development efforts is to reduce imbalances between different regions and states, thereby encouraging more equitable economic growth. By ensuring that development is more evenly distributed, the plan aims to improve the living standards and overall well-being of all citizens. This includes facilitating access to opportunities and resources across the country.
Accelerating Green Growth Initiatives

In parallel with economic development, the government is committed to expediting the implementation of green growth initiatives. These initiatives will be rolled out across the nation, including in Sabah and Sarawak, with the dual aim of driving socioeconomic development and ensuring environmental sustainability. This integrated approach supports the broader goals of community sustainability and balanced urban and rural development, aligning with the 'Madani Economy: Empowering the People' framework.

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How will the 12th Malaysia Plan address regional economic gaps?

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