NCER Strategic Development Plan 2021 - 2025
Ensuring shared prosperity through balanced regional growth.
Targets to achieve by 2025:
Serve as the framework to spur more economic growth
This is in line with the Malaysian Government’s Shared Prosperity Vision 2030 that emphasises on economic to deliver sustained growth with social inclusion.
The plan is anchored on our vision of Growth with Equity and our goal of NCER becoming a world-class economic region by 2025. It outlines the strategies, insights and targeted achievements that would bring about positive spillover effects for the community. It also acts as the basis for the implementation of projects and programmes in NCER under the 12th Malaysia Plan (12MP).
Our key outcomes
The strategic framework targets the following four key outcomes which will ultimately benefit the rakyat and enhance their socioeconomic wellbeing.
Job Creation
The focus of this key outcome is to increase employment opportunities for the locals and youths in the northern region by providing more semi-skilled and high-skilled jobs, as well as increase the participation of women in the workforce.
Encourage Entrepreneurship
The second key outcome is focused on encouraging and creating opportunities for entrepreneurship at all levels of community, in addition to providing opportunities for Small and Medium-sized Entrepreneurs (SMEs) in terms of micro-credentials and other social enterprises.
High Income
The focus of the third key outcome is on reducing income disparity between the states in NCER, as well as within the states themselves, in order to reduce the income gap between the northern region and other regions in the country. This also includes elevating the income of the B40-40 group, as well as increasing the Bumiputera income contribution to the GDP.
Increase Private Investment
This new key outcome is focused on strengthening the competitiveness of the northern region in order to attract investment from both domestic and foreign sources. Hence, greater private sector participation in the economy will be encouraged to further drive sustainable growth.
