Datuk Seri Najib Tun Razak today (Thursday) outlined five key strategic thrusts under the 10th Malaysia Plan (10MP) to enable Malaysia become a high-income and developed nation by 2020.
The prime minister said that to move in that direction, Malaysia had to draw up a new approach which emphasised quality human capital, innovation and creativity, and the government had to operate as a competitive corporation.
When tabling the 10MP in the Dewan Rakyat, Najib said Malaysia could no longer depend on a low-cost structure to remain competitive internationally because globalisation, liberalisation and the emergence of countries, such as China, India, Brazil, Russia, the Middle East and countries in the region, had intensified the competition for trade and investment.
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