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10th Malaysia Plan

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10th Malaysia Plan
9th Malaysia Plan-Rancangan Malaysia Ke-9 ( RMK-9) (a) More united and advanced to gain national objective of Vision 2020. (b) Blueprint prepared by the EPU. (c) Requires greater resolve to ensure its success. (d) Five major thrusts.

10th Malaysia Plan- Rancangan Malaysia Ke-10 ( RMK-10 ) 1. Embarks on an important mission towards a progressive and high-income nation. 2. 7 Thrusts 3. Challenge : * 6% annual GDP growth * Ensure living standards and quality of life improve.
The 10MP is a comprehensive blueprint for the development of Malaysia between 2011 and 2015.

The tenth in a series of five-year development plans, prepared by the Economic Planning Unit (EPU) of the Prime Minister’s Department and the Finance Ministry of Malaysia. Prime Minister Datuk Seri Najib Tun Razak unveiled the 10MP on June 10, 2010. On July 1, 2010, the 10MP was passed by a voice vote among Ministers of Parliament after 11 days of debate.

10 Big Ideas 1. Internally driven, externally aware 2. Leveraging on our diversify internationally 3. Transforming to high-income through specialisation 4. Unleashing productivity-led growth & innovation 5. Nurturing, attracting & retaining top talent 6. Ensuring equality of opportunities amd safeguarding the vulnerable 7. Concentrated growth, inclusive development 8. Supporting effective & smart partnerships 9. Valuing our environmental endowments 10. Government as a competitive corporation

EMPLOYMENT * create 1.4 million jobs mostly in services sector * Employment to reach 13.2 million jobs in 2015 * Full employment status with unemployment rate of 3.1% in 2015

REFORMING LABOUR MARKET * More flexible * Upgrade skills of existing workforce * Enhance Malaysia's ability to attract and retain top talent * Part-Time Work Regulations under Employment Act 1955 * Increase female labor force. * Provide loans to workers

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