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

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

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).