Monday, November 26, 2012

26Bil. For 20 new Projects

The Prime Minister of Malaysia had made the announcement about the 20 projects at the total cost of RM26bil. However the details of timeline, the individual project cost and the exact location was not announced.

The breakdown of the projects are given in the news...

a. 11 under ETP under 7 areas...
     - oil, gas and energy.
     - Greater KL - including a project to regenerate the old PJ town. The other project is the PJ Sentral Garden City.
     - contents and infra
     - business services
     - health care
     - tourism
     - education

b. The economic corridors are..
     - Sabah Economic corridor
     - Northern Economic Region
      - Iskandar.

   The other areas which may not attract much attention is the liberation of six sub- sectors. They are:

a. legal services
b. medical services
c. dental services
d. international school
e. private university
f. telecommunication.

What is not clear is the extend of liberation. Does it mean that a foreign companies have as much chance as a local company of local individual in offering the above services.