Saturday, November 7, 2009

Sibu In The Blue Ocean - Part 6

Think the unthinkable! That precisely is the core of the Blue Ocean concept.

The dream for Sibu to be the first in Malaysia to achieve high-income status might sound farfeitched to a lot of Sibuians. But if we put it within the framework of the Blue Ocean Approach formulated by Tan Kee Hian, then it looks probable.

Our national goal now is for Malaysia to reach High-Income status.

Malaysia successfully leapt from a low-income nation to the present middle-income status. We have been stagnant at this level, moving only at a snail's pace towards the next status (high-income).

Our country needs new policies and strategies to take itself up to reach a high-income level. Dati' Seri Najib Razak said on 2 May, 2009, "We need to introduce a new economic model to ensure a quantum leap to become a high-income country".

In the 2010 Budget Presentation, the prime minister encouraged several measures to drive the country towards a high-income economy.

1. Increased private investment.
2. Intensify foreign direct investment (FDI).
3. Intensify research, development and commercialisation.
4. Boost the tourism industry.
5. Intensify the halal industry.
6. Advance the agriculture sector.

Achieving high-income status is presently Malaysia's big challenge!

Photo: Terrence Tan of MPI

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