The newly unveiled Public-Private Partnership Master Plan 2030 (Pikas 2030) is aimed at strengthening Malaysia's economic development and governance, says Datuk Seri Anwar Ibrahim.
The Prime Minister said Pikas 2030 is an integrated initiative to bolster the framework for public-private partnerships, promoting efficient project management and governance to accelerate the nation's economic growth.
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The Prime Minister said Pikas 2030 is an integrated initiative to bolster the framework for public-private partnerships, promoting efficient project management and governance to accelerate the nation's economic growth.
Read more at https://tinyurl.com/ykt4nj3s
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00Three, two, one.
00:05In this PIKAS project, public and private partnerships must be implemented through the principle of
00:15a firm, non-negotiable policy.
00:20And secondly, we must think about the family that can support the company.
00:31And the need for a family means their income, their house, and education,
00:38in addition to health and other things, according to the condition and efforts of the company.
00:44This is the special feature of the concept.
00:46Moreover, it must be firmly rooted in the concept of the company.
00:51So, the teaching that I want to convey here is how we must continue in the plan of public-private partnership
01:03by taking into account this concept.
01:08We know that since 1981, and I remember it correctly, in 1991,
01:16when I was with the Finance Minister and the TPM at that time,
01:23the Finance Minister, to draft the private partnership plan.
01:32We felt the need at that time, even though I admitted that in terms of management,
01:41many things had to be improved.
01:45We know that more than 510 PPP projects were carried out,
01:50most of them were carried out strictly,
01:54but there were also weaknesses because they were not planned and carried out
02:02or implemented according to the rules.
02:08In this PPP, there is only one of the plans,
02:12which of course involves the entire government.
02:16If we can succeed with new rules,
02:21new payment model, new user pay,
02:25hybrid payment, which can also reduce the burden of government costs.
02:32This is one of the rules introduced in this draft.
02:36I believe that you will continue to read it.
02:46For more information, visit www.fema.gov