The Next Four Years: What Now for Malaysia?

IDEAS Public Forum – 28th June 2019 – Connexion, 7 Jalan Kerinchi, Bangsar South, Kuala Lumpur

Mr Ali Salman, CEO of IDEAS

YB Dato’ Sri Hajah Nancy Shukri, MP for Batang Sadong

Ms Cynthia Gabriel, Executive Center, C4

Mr Laurence Todd, Director of Research, IDEAS

Distinguished guests, ladies and gentlemen

Selamat pagi, Good Morning and Salam Malaysia Baru

Firstly, I want to thank IDEAS for giving me the honour of saying a few words at this public forum. IDEAS, from its establishment until now, has always encouraged open and constructive dialogue. Under Malaysia Baru, the room for constructive dialogue has expanded significantly and I look forward to more inputs to the new government from IDEAS and also possible areas of cooperation.

Secondly, allow me to extend my congratulations to Laurence and his team for their hard work in the preparation of the 2nd Projek Pantau Report Card including Faiz Zaidi and Aira Azhari, the lead researchers and not forgetting the research interns, Afifa Sahirin and Aiman Wan Alias. In the past, most people in Malaysia, including researchers, would not pay much attention to the manifesto promises of the winning coalition AFTER the general election, much less come up with a report to track the progress of the manifesto. This time, after GE14, I’m glad that IDEAS is committed to systematically track Pakatan Harapan’s GE14 manifesto on the bi-annual basis. As one of the authors of the PH Manifesto, I am glad that at least someone is paying attention. But at the same time, this also places more pressure on PH to deliver on our promises. This is one of the most tangible signs of how Malaysia has changed after GE14 – the fact that promises actually mean something and people expect them to be delivered.

Slightly over a year after GE14, this public forum is asking a very relevant question – What is the plan for Malaysia for the next four years? There are three areas of focus which the Pakatan Harapan should and will focus on to show that we can deliver our promises (or at least a majority of them) in the next 4 years. They are: (1) Continue to systematically deliver on PH’s GE14 Manifesto Promises (2) Identify and Implement new strategies to propel economic growth and create well-paying jobs and (3) Ensure the well-being of the B40.

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Belt and Road Forum 2019 – Expectations and Opportunities for Malaysia

Speech by Dr. Ong Kian Ming, Deputy Minister for International Trade and Industry (MITI) on the 16th of April, 2019

  1. When President Xi Jinping first espoused the One Belt One Road (OBOR – 一带一路) policy in 2013 (later renamed as the Belt and Road Initiative or BRI in English), it generated a great deal of public interest and excitement outside of China[1]. There were three reasons behind this public interest, especially among countries in Asia.

2. Firstly, it tapped into a desire among Asian countries to develop economically in a manner similar to China, on the back of significant infrastructure development in highways, railways, airports, ports and other public infrastructure. China’s potential involvement in partly funding some of these infrastructure projects stirred excitement among many Asian countries which required heavy infrastructure development. These infrastructure developments are estimated to be in the trillions over the next decade.

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SPEECH DELIVERED AT THE STANDARD CHARTERED BANK BELT AND ROAD FORUM AND CLIENT DINNER IN KUALA LUMPUR BY DR. ONG KIAN MING, DEPUTY MINISTER OF INTERNATIONAL TRADE AND INDUSTRY ON THE 8TH MARCH 2019

1.Since the Belt and Road Initiative (BRI) was launched by President Xi Jinping in 2013, it has become a pivotal feature of China’s domestic as well as its foreign policy. The BRI has the opportunity to surpass the Marshall Plan in terms of the scale and scope of its ambition.

2. When the BRI was first announced, there was a palpable sense of excitement over how the grand-scale investment plans would reshape global trade and relations. This was especially true in Asia, a fast growing region in dire need of investments for infrastructure. Estimates vary between US$1 trillion and US$8 trillion in terms of infrastructure demand for Asia up to 2030.

Continue reading “SPEECH DELIVERED AT THE STANDARD CHARTERED BANK BELT AND ROAD FORUM AND CLIENT DINNER IN KUALA LUMPUR BY DR. ONG KIAN MING, DEPUTY MINISTER OF INTERNATIONAL TRADE AND INDUSTRY ON THE 8TH MARCH 2019”