
The Transport Ministry has announced plans to draft a 20-year strategic transport development blueprint from 2017 that will be implemented under a green concept.
Transport Minister Arkhom Termpittayapaisith yesterday chaired a brainstorming workshop for high-ranking officials ahead of the drafting of the plan.
He said the plan would focus on green transport, transport efficiency, and inclusive transport, covering such five strategies: an integrated transport system, transport services, improvements|in regulations and institutions, and transport |technology development.
MALAYSIA’S INVESTMENT GROWTH FORECAST TO RISE TO 4.5% IN 2017
Malaysia’s investment growth is expected to accelerate to 4.5 per cent in 2017 from 4.3 per cent this year due to the country’s improved currency competitiveness and a gradual pick-up in world trade.
The Institute of Chartered Accountants in England and Wales (ICAEW), announcing part of the content of its latest “Economic Insight: South-East Asia” report, said the country’s recent improved competitiveness had meant increased trade flows, job creation, business investment and consumer spending.
“The improved currency competitiveness and a gradual pick-up in world trade will moderate drag from exports, supporting a slight acceleration in gross domestic product growth next year, from |4.3 per cent in 2016 to 4.5 per cent in 2017,” it said |in a statement. ICAEW South-East Asia regional director, Mark Billington, said Malaysia was well-placed for financing investment spending in the years ahead. – The Star