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Govt committed to NIMP 2030 which needs RM95bln over 7 years — PM

1 Sep 2023, 4:16 AM
Govt committed to NIMP 2030 which needs RM95bln over 7 years — PM

KUALA LUMPUR, Sept 1 — The government is fully committed to supporting the implementation of the New Industrial Masterplan 2030 (NIMP 2030), which requires an estimated total investment of RM95 billion through its seven years.

Prime Minister Datuk Seri Anwar Ibrahim said at the plan’s launch that the investment will be mainly from the private sector, mobilised from private equity, capital and financial markets.

“Close to 10 per cent will be allocated by the government to help catalyse and incentivise these investments via the NIMP Industrial Development Fund and the NIMP Strategic Co-investment Fund,” he said at the launch of NIMP 2030 here today.

— Bernama

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