Rancangan Malaysia Ke-10 dan "New Economic Model"?

LEVERAGING FULLY ON NICHE AREAS
35. We must intensify efforts to fully leverage on the potential of sectors in which
we have the advantage, including the services sector. To date, the contribution of
the services sector to GDP is 58% and has the potential to be developed further.
Thus, we have to focus on niche areas with potential and move up the value chain
as well as generate higher returns. The areas include tourism, information
technology and communication (ICT), finance and Islamic banking, halal and green
technology industries.

DEVELOPING GREEN TECHNOLOGY
54. Green technology has the potential to become an important sector in
economic development. Towards this, the Government launched the National
Green Technology Policy in August. The objective of the policy is to provide
direction towards management of sustainable environment. To further promote the
development of green technology activities, the Government will:
First: Restructure the Malaysia Energy Centre as the National Green
Technology Centre tasked with formulating a green technology
development action plan. This Centre will function as the focal point to
set standards and promote green technology. To intensify green
awareness activities and practise environment-friendly lifestyle, an
allocation of RM20 million will be provided;
Second: Organise an international exhibition on green technology in April 2010.
The exhibition is expected to attract internationally renowned
companies and experts in green technology;
Third: Develop Putrajaya and Cyberjaya as pioneer townships in Green
Technology, as a showcase for the development of other townships;
and

Fourth: Give priority to environment-friendly products and services that comply
with green technology standards in Government procurement.
55. To promote green technology, the Government will establish a fund
amounting to RM1.5 billion. This fund will provide soft loans to companies that
supply and utilise green technology. For suppliers, the maximum financing is RM50
million and for consumer companies RM10 million. The Government will bear 2% of
the total interest rate. In addition, the Government will provide a guarantee of 60%
on the financing amount, with the remaining 40% by banking institutions. Loan
applications can be made through the National Green Technology Centre. This
scheme will commence on 1 January 2010 and is expected to benefit 140
companies.
Promoting Construction of Green Buildings
56. To expand the use of green technology, the Government launched the Green
Building Index (GBI) on 21 May 2009. GBI is a green rating index on
environmentally friendly buildings. Green buildings save utility costs and preserve
the quality of the environment. To promote green technology, the Government
proposes that:
First: Building owners obtaining GBI Certificates from 24 October 2009 until
31 December 2014 be given income tax exemption equivalent to the
additional capital expenditure in obtaining such Certificates; and
Second: Buyers purchasing buildings with GBI Certificates from developers be
given stamp duty exemption on instruments of transfer of ownership.
The exemption amount is equivalent to the additional cost incurred in
obtaining the GBI Certificates. This exemption is given to buyers who
execute sales and purchase agreements from 24 October 2009 until
31 December 2014.

"new economic model based on innovation, creativity and high-value added activities."

Budget focuses on three strategies, namely:

First: Driving the Nation towards a High-Income Economy;


Second: Ensuring Holistic and Sustainable Development; and
Third: Focusing on Well-being of the Rakyat.

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???????????? How??????. Do new economic model means higher house hold income with worst living condition when all common house hold goods or requirement increase sky rocket  high??? Nowdays with so called "subsidy included", living also not easy. How if so called "subsidy excluded"? What mean by subsidy then? I believed, its mean living with optimal tax pay. For no more subsidy means, more tax will be introduced in your day life.
  

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