Friday, October 29, 2010

Malaysia, 2020.

I've looked into the ETP that has been introduced by Najib, our PM.
Overall it's a tremendous programme, well defined in several hot spots, they know which areas should they really look into and help.
I know, recently the announce 2011 budget has partially been disappointing, well, maybe only a couple of those. However, the proposition of 100storey tall building seems quite.... unnecessary. spending billion dollars building the tallest building, i'm wondering what are they thinking.
But anyway, i'm delighted by the propostion of MRT, LRT, subsidy rationalisation, rural infrastructure welfare, wimax and so on. This ETP is definitely creating growth for our country, providing infrastructure is utterly important as for malaysia to achieve the vision 2020.
There seems to be quite a lot of complain about the budget allocation in East Malaysia, which only roughly rm1bil will be injected into the east malaysia economy, especially building a new electric hub providing more electricity for the nation and also for the rural infrstructure. I kind of understand the frustration, look south korea, besides seoul, other cities are as bad as us. Sometimes, i really think JFK has had said something really incredible, he once said "Don't ask what your country can do for you, Ask what you can do for your country." As a Malaysian, we should stop blaming the civil servants, thou we know they are not working at a world class standard. I really think this is a stage where all the developing countries have to go through.
Cutting Subsidy sounds like it's going to create inflation in future due to the high petrol price, however, government seems to be doing the right thing, they already expanding the current existing LRT lines and also the MRT project, KTM project and reposition the current bus terminal to salak selatan. These are tremendous plan, they know diversion of traffic within KL city is important, otherwise traffic in our country will turn into what our neighbours are currently "enjoying". Looking at the politics, and economics, a lot of people tend to be shortsighted, they think government has used their money. For me, looking at long term benefits, and this is a stage for Malaysia to step forward to becoming the developed nation and high income nation, hence it's a must for our country.
Internet, i believe this is the no.1 complain that has been around for decades...
First we had dial-up, then we moved into adsl broadband era (we are still using the 20years old technology what other country has had.), then moving in Wimax and currently unifi (apparently it's as fast as the one in Aus, and it has limited bandwidth). The implementation of wimax technology, which is highly supported by the private and government sector, has shown an amazing result so far. As P1 wimax launches way ahead other competitor to be the first mover in the industry, apparently that was too rush for them and i really thought they have created a certain damage to their brand, however the gov had issued 9 licenses to private sector. Yes, Malaysia is going to have 9 4g internet service and voice companies in future, can we accomodate all of them? pretty sure we can. As Malaysia has 28mil population and will soon to be 36mil in 2020, we have great growth in population and i think what government wants is to distribute all these companies around malaysia, focusing on different locations and states. Why can't it be the same old 4 telcos? Limiting the competition will not help in driving the economy, setting the industry free is the only way to help in boosting economy, excessive competition will benefit consumer in terms of pricing and quality. I don't see any downside of this program, blardy awesome.
Government knows what they are doing, give them some patience, as Rome wasn't built in a day. I'm pretty happy with the new ETP, as comparing to Pak Lah... Najib has done way better job. Other than that, government provide the transparency of the implementation of policy, they showing the effort of execution of the ETP, they are showin effort by hiring the best employee from malaysia top 500 companies to form a team in ETP. Many great chances and opportunities are awaiting for us.
Therefore, i love Malaysia.

Malaysia boleh :)

0 comments: