With the theme “Powering Global Excellence”, Invest Malaysia 2010 provided the latest updates in Government policies that benefit businesses and investors, including:
the implementation of the Government Transformation Programme;
how Malaysia plans to attract private investments towards achieving the goal of a high income economy; and
growth areas for further development such as the services sector, aerospace and renewable energy.
The highlight of the event was the keynote address by YAB Dato’ Sri Mohd Najib Tun Abdul Razak, the Prime Minister of Malaysia who announced the first part of the New Economic Model (NEM) which outlined a variety of economic reforms designed to help Malaysia become an advanced nation with inclusiveness and sustainability in line with the goals set forth in Vision 2020.
Apart from the NEM, the Prime Minister also announced that MIDA will be corporatised to give it the flexibility to attract and retain the manpower and talents it needs in order to be an internationally competitive national investment promotion agency.The event drew participation from some 1,600 business leaders, policy makers and officials covering both local and foreign organisations.