KUALA LUMPUR: The Shared Prosperity Vision 2030 (WKB2030), which was unveiled today, provides a "turbocharger" to drive sustainable economic growth, propel the economy to a high-income bracket and increase the purchasing power of the people.
Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said the WKB 2030 is the country’s blueprint to generate rapid economic growth and create wealth.
He said the launch of the vision was timely, in the wake of a gloomy and volatile economic environment.
“The government is confident that this vision will be achieved through greater economic complexity by focusing on high-tech and high-impact industries such as aerospace, digital economy and high-tech agriculture,” he said in his speech at the launch of the WKB 2030 by Prime Minister Tun Dr Mahathir Mohamad here today.
Azmin described the vision as a pledge to affirm the Pakatan Harapan (PH) government’s commitment to the implementation of fair and equitable treatment across races, income classes and regions.
In the pursuit of industrial excellence, the PH government will not abandon its responsibility in championing the poor urban and rural communities, he said, adding that this vision ensures that prosperity and wealth will be enjoyed by them.
Azmin said the stability and integrity of the administration in championing good governance principles, transparency and accountability would gain the confidence of foreign and domestic investors in making Malaysia their investment destination.
“This will create job opportunities in new and more innovative technology sectors.”
Azmin said the WKB2030 would stimulate the imagination, creativity and capacity of the millennial generation to take Malaysia to the pinnacle of industrial excellence.
He said his ministry would monitor the implementation and progress of the WKB2030 to ensure that its objectives fulfilled.