PREPARED BY : NOR ATEEQAH

ABDULLAH
2013451422
KHAIRUL IKHLAS BIN MD KHIR
2013217044

INTRODUCTION
New Economic Model (NEM) was introduced

by Sixths Malaysian Prime Minister Dato

Seri Najib Tun Razak
It was introduced on 30 March 2010 at Invest
Malaysia 2010 conference in Kuala Lumpur.
Consist of 2 Part:
1st phase of NEM: Part 1 - Strategic Policy
Direction
2nd phase of NEM: Concluding Part - Strategic
Policy Measures

TheNew Economic Model (NEM)to be

achieved through an Economic

Transformation Programme
(ETP)constitutes a key pillar which will
propel Malaysia to being an advanced
nation with inclusiveness and sustainability
in line with goals set forth in Vision 2020.

GOALS OF NEM

HIGH
INCOME
NEM is focusing to take Malaysia to be a

high income country with per capita

income US$15,000 until US$20,000 by
2020. In order for us to escape from the
middle income trap, we need to achieve
DEVELOPING QUALITY
this target. THE
WORKFORCE AND
RE-ENERGISING
PRIVATE SECTOR.
-one of the core parts in
contributing to economic
growth in Malaysia
-join in investment particularly
in high value added products
and services so that that it
can help to boost up the
economy growth and at the
same time it can generated a
high income country.

REDUCING DEPENDENCY
ON FOREIGN LABOUR
-ensuring the workers work
with efficient in order to boost
up the productivity.
-identify which job is suitable
with the qualification and skills
of the workers.
-produce a talented workforce
which can meet the needs of a
high value knowledge
economy

INCLUSIVENESS
Enables all communities to fully benefit from
the wealth of the country. This goal will make
sure there is no discrimination and bias and
TRANSPARENT
AND
MARKET
every citizen will be treating
fair and
just.
STRENGTHENING THE
PUBLIC SECTOR
-The public sector reform
program will sustain to enhance
and boost up decision making
by a lean, consultative and
delivery focused government.
-The government will give full
attention in improving the
service delivery to citizen.

FRIENDLY AFFIRMATIVE
ACTION
-give more focus on regional
and sub-regional corridor
development through
clustering, especially in Sabah
and Sarawak, in order to
minimize the inequality
between the states and regions
-gives attention in narrowing
the gap between rich and poor.

SUSTAINABILITY
Meet present needs without
compromising future
generations.

Building
Ensuring
the
Enhancing
the
knowledg
the source sustainabil
e base
of growth.
ity of
infrastruct
growth.
ure.

Recommendation
Must have

both rational and emotional

resonance with the public.
Training program are often helpful in
enhancing employability.
Protecting and improving the natural
environment and conditions of the local
communities.

Conclusion
In conclusion, the New Economic Model will

transform the Malaysian economy and

deliver the economic growth required to
become a high income country and focused
on areas where Malaysia has competitive
advantage.

THANK YOU