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Private investments in Malaysia's ETP rise at 11% in 2014

Published Tue, Apr 28, 2015 · 09:50 PM
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Kuala Lumpur

MALAYSIA said on Tuesday private investments in its flagship economic development programme rose at a steady 11 per cent in 2014, with the country halfway to becoming a high-income nation by 2020.

Investment commitments in the private sector rose to RM146.1 billion (S$54 billion) from RM131.7 billion a year ago, Prime Minister Najib Razak said on Tuesday as he introduced the annual report of the Economic Transformation Programme (ETP).

Total investments in Malaysia grew to RM228 billion last year,…

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