Wednesday, September 22, 2010

Malaysia's New Economic Blueprint

Malaysia has recently announced a US$ 444 billion economic transformation programme aimed at raising the level of economic development in the country. Part of the plan will be to develop a nuclear power industry, a solar energy industry as well as improvements to its agriculture industry.

I personally feel that given the current cordial ties between Malaysia and Singapore, we should take this opportunity to direct national investment funds towards both the nascent nuclear and solar energy industries, as well as agriculture, should these be open by the Malaysians for foreign investments. Such investments should be made with supply guarantees whereby Malaysia agrees to sell us their surplus production are market prices, which will be a win-win situation for both countries.

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