Putrajaya: Prime Minister Datuk Seri Najib Tun Razak announced 11 Economic Transformation Program-me (ETP) projects and nine under three Economic Corridors with investments totalling RM26.09bil.
The 11 ETP projects are in seven areas - oil, gas and energy, Greater Kuala Lumpur/Klang Valley, communications content and infrastructure, business services, healthcare, tourism and education.
The economic corridor projects are located within the Sabah Development Corridor, Northern Corridor Economic Region and Iskandar Malaysia.
The biggest in terms of investment is the Greater Kuala Lumpur to regenerate and revitalise "the old township of Petaling Jaya".
"The PJ Sentral Garden City development, which will cover some 40 acres (16ha), is poised to be the new green central business district of Selangor, supporting Kuala Lumpur and other business hubs around the city and state," Najib said at an ETP progress update here yesterday.
The property development project under Nusa Gapurna Development Sdn Bhd will generate 36,828 jobs with a GNI (gross national income) impact of RM522.97mil.
In other project announcements, public transportation companies and authorities will work with GPS Tech Solutions Sdn Bhd to roll out a web and smartphone application to provide real-time tracking of public transportation.
The RM16.29mil project, dubbed the MyPUTRAS (Malaysian Public Transportation System), will also look at equipping all buses with WiFi capabilities.
"(The) MyPUTRAS (is) a free online smart portal and smartphone application which will provide real-time tracking of buses, with estimated time of arrival and departure, including WiFi," Najib said.
The Prime Minister also announced the liberalisation of six sub-sectors under the Competition, Standards and Liberalisation strategic reform initiative.
These sub-sectors include the legal services, medical specialist services, dental specialist services, international schools, private universities and telecommunications (Network Facilities Providers (NFP) and Network Services Providers (NSP) sector.
"This means that a total of 15 out of the 17 sub-sectors announced during the Budget 2012 have now been liberalised.
"The remaining two, engineering and architectural services, as well as quantity surveying (a new sub-sector), will be announced once the amended legislation giving effect to the liberalisation is passed," he said.--Courtesy of The Star Online