New Economic Model

The New Economic Model (NEM) is an economic plan in Malaysia unveiled on 30 March 2010 by Malaysian Prime Minister Najib Razak which is intended to more than double the per capita income in Malaysia by 2020. In summary, this programme aims to shift affirmative action from being ethnically-based to being need-based hence becoming more competitive, market and investor friendly.

New Economic Model

The New Economic Model (NEM) is an economic plan in Malaysia unveiled on 30 March 2010 by Malaysian Prime Minister Najib Razak which is intended to more than double the per capita income in Malaysia by 2020. In summary, this programme aims to shift affirmative action from being ethnically-based to being need-based hence becoming more competitive, market and investor friendly.