Focus. Competitiveness. Execution. Dr Mohd Emir Mavani Abdullah - - PowerPoint PPT Presentation
Focus. Competitiveness. Execution. Dr Mohd Emir Mavani Abdullah Director NKEA (Oil, Gas, and Energy; Financial Services) NKEA (Oil, Gas, and Energy; Financial Services) & SRI (Governments Role in Business) & SRI (Governments Role in
Dr Mohd Emir Mavani Abdullah
Director NKEA (Oil, Gas, and Energy; Financial Services) NKEA (Oil, Gas, and Energy; Financial Services) & SRI (Government’s Role in Business) & SRI (Government’s Role in Business) 6 November 2012
1Malaysia (People First, Performance Now) (People First, Performance Now) mme mme mme ment Program cal Program mic Program Governm rmation Politic
Econo
Transfo Transfo Transfo 10th & 11th Malaysia Plan
High-Income
Target USD 15,000 GNI per capita by 2020
High Income
Q lit
Inclusiveness Sustainability
Enables all communities to benefit Meets present needs without compromising
Quality
from the wealth of the country future generations
Gross National Income (GNI)
per Capita GNI
Trillion) GNI
Annum
Jobs Transformational Actions
FOCUS
Additional J b ‘Drivers’
Jobs
Investment
COMPETITIVENESS ‘Enablers’
Investment
51 Policy Measures
Investment
We need “Drivers” to f We Need “Enablers” To Ensure ensure focus on high‐impact areas To Ensure Competitiveness
Strategic Reform Initiatives National Key Economic Areas Strategic Reform Initiatives National Key Economic Areas National Key Result Areas
We Need “Enablers” We need “Drivers” to f To Ensure Competitiveness ensure focus on high‐impact areas
Strategic Reform Initiatives National Key Result Areas Strategic Reform Initiatives National Key Result Areas National Key Economic Areas
With Natural Homes Within The NKEAs / NKRAs
Policy Measures y
Competition, Standards and Lib li ti Competition, Standards and Lib li ti Public Finance Public Finance
1 2
Grouped In SIX
Liberalisation Liberalisation Public Service Delivery Public Service Delivery Government’s Role in Government’s Role in
3 4
p Clusters For Execution
Delivery Delivery Human Capital D l Human Capital D l Business Business Narrowing Di i i Narrowing Di i i
5 6
Development Development Disparities Disparities
Competition Act Enforced On 1 Jan 2012 Development of Standards Liberalisation of sub‐sectors
Malaysia has 6,260 Standards But Less Than 10% are Enforced
Up to 100% foreign equity participation will be allowed in phases in 2012
Remove Anti-Competitive
17 (+1) sub‐sectors announced in Budget 2012 for liberalisation Amendments to the Standards of
Malaysia Act 1996 gazetted on 9 February 2012 to accelerate
development of standards
Agreements
12 sectors fully liberalised: Telco ASP, TVET, TVET Special Needs, Private Hospitals, Dept & Adoption of international standards will be reduced to <9 months, compared to >1 year currently Specialty Stores, Incineration, Accounting/Taxation, Skills Training, Courier, currently Proposed for local standards to be completed within 1.5 years, compared with three years
Remove Abuse Of A Dominant Position
Legal, Medical, Int’l School p y currently
Business Process Re‐engineering
Real‐time performance monitoring
92 police i i 263 licenses to be
licences
stations in Selangor, extending to Penang & eliminated or composited Penang & Johor
licences
‐34%
Open Recruitment & Remuneration Review
Open Recruitment (between Civil Service & Open Recruitment (between Civil Service &
Private Sector) & Remuneration Review Will
Improve Performance
Business Process Re‐engineering
Real‐time performance monitoring
92 police i i 263 licenses to be
licences
stations in Selangor, extending to Penang & eliminated or composited Penang & Johor
licences
‐34%
Open Recruitment & Remuneration Review
Open Recruitment (between Civil Service & Open Recruitment (between Civil Service &
Private Sector) & Remuneration Review Will
Improve Performance
HR Management in SMEs Minimum Wage Project Flip O&G NOSS HR Management in SMEs
tailored HR solutions via interactive HR portal
Capability Building Programme Minimum Wage
wage of RM900/RM800
post-gazette, 12 months Project Flip - O&G NOSS
PETRONAS Skills Training (POSS) to develop National Skills Training (NOSS) in 7 disciplines
Capability Building Programme post gazette, 12 months for micro-enterprises Enable technical-vocational training centres to deliver up-to-date, industry relevant skills training
Progress
Upskilling/Reskilling - NTEP
Employment Act 1955 (Phase 1 & 2)
Up-skilling / Re-skilling – MyProcert
Oct 2011 for BSvc & CCI The National Talent Enhancement Programme (NTEP) was launched covering 5 states/regions and 650 placements across Malaysia for E&E & BSvc (Green Tech) 1955 passed in Parliament includes 28 amendments to the current provisions, 17 new provisions and 2 provisions repealed Phase 2 in progress Oct 2011 for BSvc & CCI
Oracle, iTrain, Scicom, SnT
enrolled
workforce through partnership via industry attachment programmes
retirement age to 60 passed
Catalytic to up skill Malaysians to global certification standards
Four areas where Government should be in business Four areas where Government should be in business
Large growth capital, catalytic or new technology required National Infrastructure
E g MRT
Private Investor needs Co‐ Business must be owned gy q
Projects with long gestation periods e.g. nanotechnology E.g. MRT
Investors
PPP e.g. Corridor Development projects
domestically
National security e.g. Defence / Paddy Total Target 2011‐2012 Completed 2011 Balance Target 2012 Completed 2012 Target 2013
Pare Down 5 5 5 1 List 7 6 5 1 1 1 Outright Sale 21 14 6 8 7 TOTAL
We Need “Enablers” To Ensure We need “Drivers” to f To Ensure Competitiveness ensure focus on high‐impact areas
St t i R f I iti ti N ti l K E i A
Strategic Reform Initiatives National Key Economic Areas National Key Result Areas
Greater Greater
151% 101% 109% 138%
11 Economic
Oil, Gas & Energy Oil, Gas & Energy Financial Services Financial Services Greater KL/Klang Valley Greater KL/Klang Valley Business Business Services Services Business Business Services Services
11 Economic Sectors +
Wholesale & Retail Wholesale & Retail Tourism Tourism
141% 118%
Greater Kuala Lumpur
Education Education
Electrical & Electronics Electrical & Electronics 108%
120%
Comms Content & Infra Comms Content & Infra Palm Oil & Rubber Palm Oil & Rubber Healthcare Healthcare Agriculture Agriculture
119% 170% 98% 103%
RM127.9b RM100.0b RM127.9b
1H 2011 1H 2012
RM58.8b RM75.3b
Estd 2012
RM33.5b RM41.7b 24.3% 28.1%
Public Investment Private Investment
24.3% Note: Based on current prices
North Sabah & Baram Delta, Sarawak (EOR) US$12.5b Berantai (Marginal Fields) US$850m Balai Cluster (Marginal Fields) US$850m New Explorations Upgrade, Expand & B ild P d ti Regasification Terminal US$300 > US$3.0b Build Production Facilities US$1.7b US$300m
Potential Investor B
PETRONAS RAPID
Total Potential
Total Potential
Potential Investor A
phase) DIALOG‐VOPAK
l T i l phase)
Solar Cluster Electric Vehicle
Solar
Test & Measurement Hub Approved investment: Approved investment: RM13.76 billion (to date)
Test & Measurement
l i hi l
Test & Measurement
Electric Vehicle
Approved investment: RM282 million (to date) Proposed investment: RM 382 million (in future)
83,200 ha of plantation backlog replanted, 87,327 ha YTD 2012 20% OER in 2011, 20.34% YTD 2012 2012 RM1.35b commitment in commitment in
and food & health segment up to 2014
(519 in 2011 + 551 YTD in 2012) Before After
Real GDP Growth % (YoY)
6.5 4.8 7.2 5.1 5.1 2007 2008 2009 2010 2011 1H 2012 2007 2008 2009 2010 2011 1H 2012 R l GDP G th % (Y Y)
Real GDP Growth % (YoY)
Domestic Strength A Cushion Against External Vagaries
GDP Demand Side Breakdown
Domestic Strength A Cushion Against External Vagaries
FY 1H
Private Consumption
FY 2011 (%) 1H 2012 (%) Real GDP 5.1 5.1 1.5%
Consumption Public Consumption Private
12.7% Private Consumption 7.1 8.1 Public 16.1 8.4 9.1%
Investment Public Investment Trade
48.6% 16.5% Consumption Private Investment 12.2 22.7 Public Investment ‐0.3 19.5 25.6%
Trade Inventory
11.6% 60 2% Exports 4.2 2.5 Imports 6.2 7.5
Note: Based on constant prices
60.2%
Note: 1H 2012 GDP at current prices p
Construction Boost, Mining Recovery in 1H 2012
GDP Supply Side Breakdown
Construction Boost, Mining Recovery in 1H 2012
Agriculture
10.1% FY 2011 (%) Q1 2012 (%)
Mining
10.1% 11.1% Real GDP 5.1 5.1 Agriculture 5.9 ‐1.5 Mining ‐5 7 1 2
Manufacturing Construction
24.6% 49.5% Mining 5.7 1.2 Manufacturing 4.6 5.0 Construction 4.6 18.9
Services
3.6% Services 7.0 5.8
Note: 1H 2012 GDP at current prices Note: Based on constant prices
120
103 107 105 110 101 101 107 110 101
105 110 115
96 95 98 99 101 101 101
95 100
81 87
80 85 90 70 75 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 09 09 09 09 10 10 10 10 11 11 11 11 12 12 12 Source: Nielsen Consumer Confidence Index
Business Loans Leads Total Loans Growth
Household Loans Moderate On Tighter BNM Rules Household Loans Moderate On Tighter BNM Rules
16 14 15 13 14
13.2% 12 2%
11 12
11.9% 12.2%
10 Sep 11 Oct 11 Nov 11 Dec 11 Jan 12 Feb 12 Mac 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12
B i L H h ld L T t l L
Source: Bank Negara Malaysia
Business Loans Household Loans Total Loans
14.0
Trade
(US$ b) 10.0 12.0
1H 2012
9 1 12.0 6 0 8.0
6.1 8.6 7.2 9.1 4.0 6.0
3.2 4.6 4.1 0.0 2.0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
1H 2011
2.8 1.4
Total FDI
Sources: UNCTAD, Matrade
Getting credit: #1 (unchanged) Protecting investors: #4 World Bank D i B i 2013 Protecting investors: #4 (unchanged) Getting electricity: #28 from #59
#12
Doing Business 2013 Registering property: #33 from #59 Paying taxes: #15 from #41
#18 #12
Paying taxes: #15 from #41 Trading across borders: #11 from #29 Dealing with construction permits: #95 from #113 2010
( 183)
2011
( 183)
2012
( 183)
#23 #23
2013 Ahead of Sweden, Taiwan, Germany, Japan & Switzerland
(n=183) (n=183) (n=183) (n=183)
Institute for Management Development World Competitiveness Yearbook 2012
#14 out of 59 countries globally #4 amongst 13 Asia Pacific countries
World Competitiveness Yearbook 2012 #10
countries #5 of 29 economies with more than 20 million population
#14 #10
#2 after Taiwan among 29 economies with GDP per capita less than US$20,000
#16 #18
less than US$20,000 Ahead of Australia, UK, South Korea, Japan & France 2010
(n 58)
2011
(n 59)
2012
(n 59)
2010
( 57) (n=58) (n=59) (n=59) (n=57)
“Action”
Initiatives under the NEM
“Character” Action
Initiatives under the NEM
GTP e.g. Corruption NKRA, Education NKRA, Crime NKRA Urban Public
Character
Programme (RTP) NKRA, Urban Public Transportation NKRA
+ etp.pemandu.gov.my + www.facebook.com/etpmalaysia p y + @etp_roadmap + @gtp_roadmap + http://etp.pemandu.gov.my/form_how_to_participate.aspx