KUALA LUMPUR -- Malaysian Prime Minister Anwar Ibrahim on Friday said his government would allocate nearly $2 billion to an ambitious industrialization plan to transform the economy.
Anwar said the New Industrial Master Plan (NIMP) 2030 will require an estimated total investment of 95 billion ringgit ($20.5 billion) over the next seven years and that his government would provide about 10% of that to help catalyze the process and mobilize private equity, capital and financial markets.
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