Posts Tagged ‘Najib Tun Razak’

Nambikai

October 29th, 2011
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As mentioned by Senator Ramakrishnan, its probably a first time a Prime Minister attended so many Deepavali open house on the day. Makkal Osai, Hindu Sangam and MIC open house, after arriving from Riyadh (Saudi prince funeral) and flying off to Australia (for CHOGM). That’s shows some extra commitment from PM.

“Nambikai” would be a common word now for the politicians and likes to woo Indian voters.

While there are changes being made to overcome the neglect in last 4 decades, I think the community has to evaluate if the changes (or transformation) are holistic, permanent, appropriate, on par with those for other communities, impactful and swift.  No point if you get RM1 million if others get 10 times more than that. Can’t be no budget for you but got for others right?

Nambikai works both ways, you know. Its not easy to earn it. We don’t to want to have the case where “nambinor kai vidda pattar”. That applies to any coalition who is wooing the voters.

 

What matters now to Datuk Seri Najib Tun Razak are the Indian voters who had sided with Pakatan Rakyat out of anger for Barisan Nasional. It is their trust, confidence or hope’ that he seeks at the next general election.

NAMBIKAI. It’s a frequently-used Tamil word by Prime Minister Datuk Seri Najib Tun Razak during his Deepavali rounds.

Warm reception: Well-wishers flocking to shake hands with Najib at the MIC Deepavali open house in Batu Caves on Wednesday.

Variedly translated as “trust, confidence or hope” the word, as used by him, refers to the high level of confidence the Indian community had in the MIC, Barisan Nasional and Najib’s predecessors prior to the 2008 political tsunami.

He wants the community to return to that level, saying that the Government was doing much to help the Indians overcome their issues by providing them with government jobs, blue identity cards, birth certificates and, above all, attention from the Government.

Soon after he flew home from Saudi Arabia, where he had attended a royal funeral, Najib criss-crossed the capital to attend Deepavali open houses. He then left for Perth to attend the Commonwealth Heads of Government Meeting.

Nambikai featured prominently in his messages, suggesting he wants the community to believe in what he is doing and to have confidence in the Government, especially in what it can do for them.

Before 2008, nearly 80% of the Indians in the country had backed the ruling party and their votes were considered a “fixed deposit”.

Right up to the Ijok by-election in Selangor in April 2007, the Indian voters still believed in the Government although, by that time, the urban Chinese votes had already swung to Pakatan Rakyat.

It all changed with the Hindraf protest seven months after the Ijok polls.

The Indians gathered in their thousands in the capital and protested against marginalisation, discrimination and loss of jobs.

They lost their nambikai in the Government. In its place was disenchantment, disillusionment and disbelief in anything that the Government did or said.

The MIC and especially then president Datuk Seri S. Samy Vellu came under heavy shelling.

Barisan was punished over policies that allegedly included breaking temples, demolishing squatter homes and denying jobs even low-skilled jobs for Indians in the Government.

Pakatan gained tremendously from the Indian revolt but since Najib took over as Prime Minister, they have begun to lose out to Barisan’s charm, campaign and the transformation plans.

The Indians who voted for the Barisan in 2008 remain hardcore supporters of the coalition.

What matters now are the rest of the voters, who had sided with Pakatan Rakyat out of anger at Barisan.

It is their nambikai that Najib seeks as the drum beats of a coming general election grow louder.

On his campaign trail in the 2008 polls, Opposition Leader Datuk Seri Anwar Ibrahim wore dark glasses and self-styled himself as Sivaji, after a character in a Tamil movie. He was a hit.

But after winning the Indian voters, almost by default because they were angry with the Barisan, Anwar has virtually forgotten them.

Najib, on the other hand, is working hard to earn the community’s trust.

He set up a special implementation task force and proceeded to redress some of the most glaring wrongs that the Indian underclass had suffered from.

Gradually, he worked his way through meetings with various ethnic groups living under the “Indian community” label, i.e. the Sikhs, Telegus, Jaffa Tamils, Malayalees and the Tamils.

He met and embraced their leaders and offered vital financial help to their organisations.

For example, the Sri Murugan Centre, which helps poor Indian children in education, got an injection of funds. Likewise, the Temple of Fine Arts.

Four years after 2008, the winds of change have begun to blow in the community and the Indians are warming once again to Barisan and the MIC, as believed by the party.

More than just his policies to repair damages, Najib has gone to the ground to mingle with the ordinary people.

The challenge is to translate his popularity into votes for Barisan.

How Najib will do it is yet to be seen but for now, he is asking the Indians to have nambikai in the Government, and they are beginning to respond.

Losing nambikai is easy but winning it back is hard, as Najib knows.

source: http://thestar.com.my/news/story.asp?file=/2011/10/29/nation/9797384&sec=nation

Confusion over Deepavali holiday in IPTAs

October 14th, 2011
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The 1Malaysia Indian Students Movement (1MISM) launch at UM July this year by PM Najib saw an important announcement regarding extra holidays for Deepavali. It seems, the letter from JPT MOHE to IPTAs on 15th September stated that such holidays are to be given for Indians students only (There’s a copy of the letter here but not sure if untampered). Meaning, Indian (actually should be Hindu, this also don’t know means who la???) students will miss out classes because the classes will still go on.

Worse still, according to one FB entry, there was a comment “Najib bukan VC UKM” (refer here) when students asked why got class on 25th evening and 27th morning.

This will reflect badly on PM Najib and MIC since they were touting extra holidays, but actually its like time off only in some IPTAs. MISM (MIC) better clarify before they cause more damage.

Obviously the IPTAs are in a bind because PM already promised, but to implement, they are the ones who have to figure out ways. I think the IPTAs can do it like schools, by declaring “cuti peristiwa” (event holiday) and replace the classes on Saturdays. If they think that tolerance/sensitivity/acceptance/understanding of various cultures is important, they will find a way and not use reasons like MQA rules as an excuse.

Coming to the question: is convenience of the majority is of more importance than the convenience of the minority, even if the convenience of the minority doesn’t cost/affect much? We talk about national unity and sacrifices, but it doesn’t work for others?

It is very sad that education institutions that are supposed to instill good values of understanding others cultures, acceptance, tolerance etc is in the forefront of being ignorant, apathetic, intolerant and insensitive. What kind of impression are they giving to the students and staff? Should we blame the IPTA management entirely, or the education and social system that they grew up in? Being minority is not easy, and to think its going to get worse is indeed scary.

Even want to implement in IPTA is difficult, imagine want to ask IPTS to provide extra days off for Deepavali! So far heard that MSU having exam on the eve, while Segi KL is closing on eve (half-day) and 27th.

Certain universities are ignoring the government’s directive to give Indian students a longer break to celebrate Deepavali, said the Human Rights Party (HRP).

HRP sec-gen P Uthayakumar (right) in an open letter to Prime Minister Najib Abdul Razak today complained of the “year in and year out recurring problem” for Hindu students who fail to enjoy similar accomodations granted other holidays such as Hari Raya, Chinese New Year and Christmas.

According to him, Universiti Kebangsaan Malaysia (UKM) was only exempting Indian students from lectures rather than giving an official break.

“This would cause the Indian students to miss their lectures for three days,” said Uthayakumar.

“Apart from UKM, we are also receiving complaints from in particular Indian students studying in Unimas and UMS that lectures will be conducted as usual even on Deepavali day, which is not even a public holiday in Sarawak,” he added.

Najib, he said, had at the launch of the 1Malaysia Indian Students Movement at University Malaya on July 27 announced that the government would direct  universities to make provisions for the Hindu festive period.

The Ministry of  the Higher Education followed up with a circular on Sept 15 to all public universities to reschedule classes and examinations to allow for a longer break for Indian students.

“In that circular, Indian students nationwide were promised a longer break from 25 to 28 October to celebrate Deepavali which falls on 26 Oct,” said Uthayakumar.

He added that they have received complaints that universities are not implementing other provisions cited by Najib, such as a students’ shuttle service to nearby Hindu temples for students and making available vegetarian food.

“Or is this part of ‘the government policy was good but it’s  implementation was bad’ political play gimmick?” said the HRP sec-gen.

source: http://www.malaysiakini.com/news/178646

 

Excerpt from a report in FMT is below:

… In an open letter to Najib, HRP’s pro-tem secretary-general P Uthayakumar, named Universiti Kebangsaan Malaysia (UKM), Universiti Malaysia Sarawak (UNIMAS) and Universiti Malaysia Sabah (UMS) as among those defying the directive.

“UKM’s deputy vice chancellor, Professor Noor Azlan Ghazali, even told the student leader, Kok Kiong Lum, that there are too many holidays in Malaysia,” he stated.

“He said that even Hari Raya and Chinese New Year holidays are only two days long so it is only fair that just one day be given for Deepavali.”

Uthayakumar further said that UNIMAS was conducting lectures on Deepavali day itself as it isn’t a public holiday in Sarawak.

“The Indian students there must also be given the opportunity to return home and be with their families on this auspicious day,” he said.

source: http://www.freemalaysiatoday.com/2011/10/14/keep-to-your-word-hrp-tells-pm/

 

 

 

Vernacular schools won’t be abolished

February 5th, 2011
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This news came out about two weeks back. Obviously its reassuring to hear that vernacular schools won’t be abolished. This is provided for in the constitution (but yeah, I’m sure we know that how things are implemented is a different story altogether).

While the PM compares with neighboring countries, I think there’s a bit of difference. Indonesia did not focus on diversity or mutli-culturalism under the previous dictatorship. It was single language, single name (luckily not single religion). Their aim was different from the beginning. But things change as the world opens up. As for Singapore, I think their schools provides language classes and are secular in nature. No religions/racial discrimination (be it real or perceived). But here, we hear horror stories ranging from bringing food to racial remarks.

Secondly, the article doesn’t mention about steps taken to promote and encourage the growth of vernacular schools. That’s why we don’t see new schools, only those being relocated or rebuilt. The national education policy favors national schools, so the vernacular schools only receive minimal support to survive (can check the amount of fund allocated for each type of schools in the Malaysian Plans). Yeah, we should be grateful for that, I suppose.

I think vernacular schools (especially Tamil schools) will gradually be reduced due to non-action – no allocation of land, no political will to relocate, and no relocation fund. Aided by “brilliant” ideas to merge schools, we can expect number of schools to reduce.

The alternative is to set up language classes in national schools and to guarantee a non-racial/religious environment in school, which is impossible. You’ll need 45% of the teachers to be non-Malays, plus have more physical rooms to run a variety of religion classes. Not in the near of far future as far as things going now.

That’s why I think there’s no need to abolish vernacular schools, because in the long run, they will die a natural death due to various reasons.

The Government will not abolish the national-type school system and will continue to assist and recognise them as part of the national education system, said Datuk Seri Najib Tun Razak.

The Prime Minister said Malaysia was the only country in South-East Asia which still defended the vernacular school system through the Chinese and Tamil national-type schools.

“If we look at our neighbours, there are no more vernacular schools although they existed at one time,” he said when declaring open the new RM9.3mil building of SJK Chung Hua Sungai Tapang Hilir here yesterday.

He said to ensure a fair policy for these schools, the Government allocated RM145mil in the country’s economic stimulus package for the development of Chinese national-type schools nationwide.

He added that the vernacular school system was recognised not only by the Chinese and Indian communities but also the bumiputras due to the advantage it provided in the learning of Mandarin and Tamil.

He said that since the Education Act was formulated, Chinese national-type schools have attracted 55,975 bumiputra students out of 612,000 students overall.

“The system provides an opportunity for students to learn three major languages – the national language, English and Mandarin,” he said. – Bernama

Impact of Menara Warisan Merdeka

October 29th, 2010
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I’m sure fellow Malaysians would have been bored to death hearing about the 100-storey tower proposal costing RM5 billion as unveiled by PM Najib in his Budget 2011 speech. The project is to be financed by Permodalan Nasional Malaysia (PNB) hence considered private funding.  Its not even investor’s money but PNB’s own money.  So, what can non-investors complaint about. Some details about the location:

PNB paid RM310mil or RM220 per sq ft to buy the 36-acre land from Pengurusan Danaharta Nasional Bhd in 2000. Hamad said the market value of the land was estimated at RM800 per sq ft today. Of the 36 acres, around 17 acres are occupied by Stadium Merdeka and Stadium Negara, which have been identified as a national heritage site. Conservation works have been undertaken to restore their heritage characteristics and the two stadiums are now being managed by the National Heritage Trust.

The project is supposed to have shopping complex and condominiums as well.

Some of the benefits/supporting statement for the project, as mentioned in many reports and speeches are:

- spillover effect to other industries [but for how long?]

- an icon for developing Malaysia [hmm...]

- attract foreign companies to set up office here. [possible of course]

- boost economy [ can other things boost better?"]

- provide 5000 jobs [make KL more crowded!]

- not involving government money [thank God!]

- KLIA, KLCC and Penang bridge was also protested, but now is being used by everyone or by the protestors and brings much benefit to people. [true, but two of them are public infrastructure. Not sure how KLCC is doing]

The reasons given by protestors:

- already have many unleased space in KL area. [but in this case, PNB is going to occupy some of tower]

- congestion [which part of KL got no congestion la?]

- can utilise money in other areas like transportation, poverty eradication etc. [PNB is not doing charity, OK!]

- can relocate to Kg Baru [Can be considered].

- if project fails, government may need to spend public fund to bail out PNB [now, this is worrying!]

- its just a personal icon for PM [well, don't we all need to be remembered for something?]

- no guarantee that locals (read: bumiputras) will benefit [of course la. Its a global village. You want be jaguh kampung, sorry la].

For me, its PNB’s money and PNB’s land. As long as government can guarantee won’t bail out, should be OK. BUT, since its a development project, there should be proper study and impact assessment done. In this way, public can voice out how the project will cause positive/negative impact to the surrounding area. Can suggest to improve transportation in tandem with the building development, for example.

If given a choice, I would prefer if the project is carried out away from KL city centre area. Reason is that it can spur more development. For example, can set up the tower in Sepang, Hulu Selangor, Kuala Langat, (oops, all PR area! No Go area for the moment) or Negeri Sembilan. This will provide decongestion, spur secondary and tertiary industries, and more job opportunities. The areas mentioned are still relatively near to airport and city centre, so not a big problem to attract tenants.

What do you think?

ETP for you and me

October 25th, 2010
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So, today we saw PM Najib launching the Economic Transformation Programme (not related to Transformers) or ETP roadmap. ETP contains series of projects or plans that seek to transform our economy to achieve high-income nation within the next 10 years.

ETP’s expected investment is RM1.3 trillion (that’s 1 thousand billion or 1 million millions or 1 with 12 digits behind it, like this -> 1,300,000,000,000)  or US444 billion (number sounds like bad omen!) with government spending 8%, GLCs another 32% (did I hear anyone mention bailout?) and the balance 60% coming from private sector both local and foreign. But you may be told that government is contributing 8% and another 92% coming from private sector, depending on how a GLC is categorised.

The ETP has 12 National Key Economic Areas (NKEA) and is expected to raise the country’s Gross National Income to RM1.7tril (triple it from present value of Rm666 billion) and generate 3.3 million jobs by 2020 (mostly middle income or high income salary bracket).  This would increase the GNI per capita from RM23,700 to at least RM48,000, in line with the World Bank’s high-income benchmark.

So, basically you expect to spend RM1.37 trillion and get a (immediate?) return of RM1.7 trillion (a profit of 19.4%) plus an increase in income of the rakyat (not sure if the rakyat here is local or imported ones like Pakistanis or Turkish people!).

The NKEAs are:

  • Oil, gas and energy;
  • Palm oil;
  • Financial services;
  • Tourism;
  • Business services;
  • Electrical and electronics;
  • Wholesale and retail;
  • Education;
  • Healthcare;
  • Communications content and infrastructure;
  • Agriculture; and
  • Greater Kuala Lumpur.

There’s some positive signs with some of the projects agreements/MOUs being inked. The Star reported nine agreements worth RM30 billion were signed. Among them:

  1. LFoundry from Germany to relocate and invest in five wafer fabrication plants in Kulim Hi-Tech Park in Kedah over the next five years. Initial investment is valued at RM214 million while the total estimated investment is RM1.9 billion
  2. A 208-room hotel and 160-unit residence, to be managed by St Regis, an international six-star hospitality brand, will be built on a 2.2-acre site in KL Sentral. This RM1.2 billion investment will have a total development area of 1.4 million square feet.
  3. Mydin’s RM1bil investment to open 14 new outlets over next 3 years and assisting small sundry shops via the Tukar project,
  4. Premium Renewable Energy will build five bio-oil plants over the next five years. The first plant costing RM124 million will be located in Lahad Datu, Sabah.
  5. Abu Dhabi government investment vehicle Mubadala and state-owned development company 1MDB will develop the RM26 billion KL International Financial District.
  6. Malaysia Airports Holding Bhd’s 25-year concession to WCT Bhd to build RM486mil integrated. Complex at KLIA2. The complex will comprise a transportation hub for taxis and buses, one block of retail mall and car parks.
  7. Renowned oilfield services player Schlumberger’s recently opened Eastern Hemisphere Global Financial Services Hub in Bandar Utama, is part of Greater KL/Klang Valley Initiative to attract 100 new multinational corporations to relocate their operations in Kuala Lumpur by 2020
  8. The Higher Education Ministry has selected Asia e-University as the gateway university for international education for distance and online learning. It is expected to generate RM100mil.
  9. Johor Premium Outlets will be located in Genting Indahpura, Johor, a mixed development township which will feature, among others; a hotel, international water theme park and retail outlets. This will attract more tourists to visit Johor, especially from Singapore. The construction and investment cost undertaken by Genting is RM150 million.

Seven of the projects are expected to start by year end, costing RM115 billion (some sources report RM118 billion).

131 of the projects are classified as EPP (Entry Point Projects) which is going to cost RM676 billion. Don’t ask me which entry point or if its related to human anatomy or any ongoing court cases. Just read and pretend to understand. Besides EPPs, there’s also BOs (nope not refering to any body part or condition!) which means Business Opportunities (60 of them).

Among the interesting EPPs:

  • Creating a world-class health metropolis based at Universiti Malaya (UM) to serve as a critical part of the Asean healthcare ecosystem  requiring an estimated investment of RM1.1 billion. It will comprise patient services, research and healthcare education located at a large campus, benchmarking global examples like Harvard University’s Longwood Medical Area and Stanford University’s Bio-X Centre. Private sector tenants will fund 90 per cent of the investment while 10 per cent will come from the Economic Planning Unit’s (EPU) facilitation fund. The health metropolis targets to generate an incremental gross national income (GNI) of RM986 million and 4,400 jobs by 2020. As part of the Asean healthcare ecosystem, the Greater KL Region is to focus on clinical services, pharmacology, education, research and health travel; the Northern Region (NCER) in Malaysia will focus on biomedical technology, education and research; the East Coast Region in Malaysia will focus on clinical services and education; the Southern Region in Malaysia and Singapore will focus on clinical services, education, research and health travel; and Thailand’s capital Bangkok will focus on clinical services and health travel.
  • Mandate private health insurance for foreign workers that will cost employers an additional RM3 every month per foreign worker. A one-off cost of RM5 million will be borne by the government to invest into system integration and to provide computer terminals in government hospitals to process insurance for foreign workers. This EPP is estimated to generate a GNI of RM171 million by 2020. The worker’s compensation regulation for foreign workers will be tabled for amendment by 2011, where the worker’s compensation insurance will cover occupational-related diseases and accidents that is to be paid by the employer, whereas medical insurance for non-occupational diseases and injuries will be paid by the foreign worker. The country’s current compensation payouts for foreign workers — which number at over three million people — are significantly lower than those given by Thailand and Singapore, which has caused a rise in foreign workers’ unpaid hospital bills and posed an increasing burden of healthcare costs on Malaysians. Foreign workers left RM64 million of unpaid healthcare bills in the past five years, of which 19 per cent were from public hospitals, according to the ETP document. The Ministry of Home Affairs will also consider enforcing compulsory insurance as part of the work permit applications for foreign workers, where regulatory amendments are set to be tabled by the end of next year.
  • Spend RM550 million for tourism marketing to achieve the targeted 36 million tourist arrivals by 2020.
  • Government will begin setting a minimum rate for four and five-star hotels from 2013 on the belief that high quality hotels and services were essential in attracting more tourists.
  • Government will also develop “Makan Bazaars” — food outlets that combine street hawkers and established food outlets, which will have seating capacities of 3,500 people. A total of 10 such “Makan Bazaars” will be built within the next 10 years at an expected cost of RM270 million. Wesria Food Sdn Bhd has been earmarked to manage the majority of the outlets.
  • “Premium Outlets”, which will offer heavily discounted luxury items, will also be built in Iskandar, Sepang and Penang to support the country’s aspiration of becoming a top shopping destination. These are estimated to cost RM355 million.
  • The government will also develop the Straits Riviera cruise playground to capture the global cruise market in this region. The project will consist of five purpose-built integrated cruise terminals in Penang, Sepang, Malacca, Tanjung Pelepas and Kota Kinabalu, which will be complemented by nine secondary ports. The Riviera is modelled after the French Riviera cruise and will take an estimated RM2.7 billion.
  • Dedicated entertainment zones will be established to stimulate revenue growth from RM600 million to RM1.8 billion by 2020. Greater Kuala Lumpur/ Klang Valley, Genting Highlands, Penang, Langkawi and Kota Kinabalu have been identified as potential locations. At least be 10 new nightclubs are expected to be operational in the entertainment zones by 2014.
  • A virtual mall will also be launched in 2012 at the cost of RM1.3 billion and is focused on helping local small and medium-sized retailers distribute their products online.
  • The online internet retail market in Malaysia is expected to be worth RM12 billion in 2020 and plans for a universal broadband access policy will be put in place to spur the industry’s growth. To ensure broadband for all, the government will gazette landed and rooftop sites for wireless infrastructure by 2011 and all amend the Uniform Building Laws to include broadband as an essential service by the end of 2010.
  • Abroad, 1 Malaysia Malls will be built to expand the market for home-grown retail brands, food and beverages and promote Malaysian expertise in mall management. The project will see the development of more than 20 such shopping malls at selected locations in Vietnam and China.
  • Liberalise the pension industry by setting up a new Private Pension Fund (PPF) and encouraging the growth of wealth management in the country. The government believes that a private pension industry is important because more than two million working adults were not yet covered under the Employees Provident Fund (EPF).  A joint-agency task force compromising the Ministry of Finance, Bank Negara Malaysia, the Securities Commission and the Economic Planning Unit (EPU) has been established to review the current pension system and adopt a structure similar to the World Bank’s multi-pillar pension system framework. According to the ETP, the PPF will supplement the existing public pension schemes and also offered to non-EPF and the self-employed. Participation in the PPF will be voluntary. Tax incentives will be introduced within the next 12 months which will include tax exemption on private pension disbursements, additional tax relief for contributions to PPFs and tax deductibility for employer contribution to PPFs. The government also plans to review the current retirement age of 55. The ETP expects the private pension industry to grow to RM7.3 billion, with more than 2.7 million participants by 2020. In the beginning, the PPF will require investments and funding of RM48 million.
  • The government has also proposed that EPF dividends on amounts more than RM1 million be capped at 2.5 per cent to encourage the wealthy to withdraw the excess funds, which it expects will be partly channelled to wealth managers. It also expects the total assets under management (AuM) of the wealth management industry to grow from RM17 billion to RM350 billion by 2020.
  • Mass rapid transit (MRT) project will begin by the second quarter of next year. According to the ETP roadmap, phase one of the MRT system construction is targeted to begin operations in 2016. It will be about 156km long, covering a radius of 20km from the city centre and have a capacity of two million passengers per day.
  • Construction on the high-speed rail (HSR) linking Penang, Kuala Lumpur and Singapore could start by early 2012. The Cabinet will also decide on whether to move ahead with a high-speed rail (HSR) system linking Penang, Kuala Lumpur and Singapore in the second quarter next year. The door-to-door journey from KL to Singapore will take about 2.4 hours as opposed to three hours by air, according to the Greater KL lab during the unveiling of the ETP last month.
  • Current estimates for the MRT and HSR systems places the cost as RM64 billion over the next decade, with a public-private investment ratio of 70:30, where public funds are expected to account for RM38 billion and RM12 billion for each system respectively.
  • Nuclear power plant with a total capacity of two gigawatts is planned for construction at an estimate of RM21.3 billion in investment up to 2020, with the first unit in operation by 2021. Once operational, the two one-gigawatt plants are estimated to generate a gross national income (GNI) of RM1.8 billion annually from the electricity generated. Nuclear energy would supply the cheapest source of energy and was also cleaner than coal and gas, according to the ETP document.  In August, Nuclear Agency Director-General Datuk Dr Daud Mohamad had said that Malaysia’s first nuclear power plant may be built on an uninhabited island, following an announcement by Energy, Green Technology and Water Minister Datuk Seri Peter Chin in May that the federal government had approved the construction of a nuclear power plant.
  • Construction of five hydroelectricity dams in Sarawak with a total capacity of five gigawatts will require an investment of RM20.2 billion, which is expected to be funded by the private sector through a government-linked company (GLC). This alternative energy project is predicted to generate a GNI potential of RM5.7 billion in the country’s largest state by 2020. Most of the GNI will come from energy-intensive industries operating within Sarawak, which will generate income to the state totalling RM4.5 billion and have a further GNI multiplier effect in the region. The remaining RM1.2 billion of GNI will come from providing power to Sabah, Brunei and Kalimantan through land transmission.

For students, parents, and youths, can start focusing on careers that cover the above NKEAs and EPPs. Even though not all projects may be approved or carried out, still its a guide for you to plan a little.

Something just crossed my mind. The words billions, millions and trillion sounds so normal today. Whatever happened to thousand, hundred thousand, hundred? Nothing is cheap nowadays.

sources:

http://www.pemandu.gov.my/

http://thestar.com.my/news/story.asp?file=/2010/10/25/nation/20101025174328&sec=nation

http://thestar.com.my/news/story.asp?file=/2010/9/22/nation/7080193&sec=nation

http://thestar.com.my/news/story.asp?file=/2010/9/21/nation/7071180&sec=nation

http://thestar.com.my/news/story.asp?file=/2010/9/21/nation/20100921141416&sec=nation

http://www.themalaysianinsider.com/malaysia/article/malaysia-plans-rm1.1b-health-metropolis/

http://www.themalaysianinsider.com/malaysia/article/tourism-blitz-under-etp/

http://www.themalaysianinsider.com/malaysia/article/government-set-to-liberalise-pension-funds/

http://www.themalaysianinsider.com/malaysia/article/mrt-hsr-to-kickstart-etp-within-next-18-months/

http://www.themalaysianinsider.com/malaysia/article/pm-confirms-nine-etp-projects-says-more-to-come/