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want to create: in that we want to stimulate more foreign investment,                      transformation  is sustainable, it  must be  driven by private sector
            boost domestic demand, and ensure the rewards of sustainable growth                        investment,  with  public  finance  playing  a  catalysing  role  rather  than
            are made available to all Malaysians. A deep and knowledgeable pool of                     carrying the bulk of the load.
            local talent, complemented with the very best global talent, will deliver
            a strong and vibrant economy. He viewed that Malaysians must possess                       I take this opportunity to assure you that the Government will continue
            the technical knowledge and the soft skills to excel, and at the same time,                to play its role to facilitate the nation’s economic growth. We realise
            equip people with the means to sustain their own wealth.                                   that there is heightened citizen’s expectation on the role of the public
                                                                                                       service and the Government, especially on outcome-based performance
            On the ground, reforms made under the ETP have also begun to bear fruit.                   and delivery. The rakyat, including the construction community, expects
            For example, Gross Domestic Product (GDP) growth has been strong and                       the Government delivery system to provide services which are fast,
            stable. In 2012, we met our targeted GDP growth of 5.6 per cent, despite                   accurate and with integrity.
            the increasingly volatile and challenging global landscape. We have kept
            unemployment and inflation low, and investment has been increasing.                        One of the ways in which the Government is transforming its delivery
            Malaysia was also ranked 12th on the World Bank Ease of Doing Business                     system is through the utilisation of the National Blue Ocean Strategy
            Report last year, rising two notches from 14th in the previous year.                       (NBOS). NBOS fosters “breaking-the-silos” collaboration between
                                                                                                       agencies, and implementing programmes that are low cost, high
            To attract top expatriate talent, the Government began offering expatriate                 impact and rapidly executed. Through NBOS, the public service has
            corporate leaders 10-year Residence Passes last year. Moving forward,                      successfully reduced overlapping initiatives between agencies.
            the Immigration Department launched the Expatriate Services Division in
            April this year to provide a focal point for the immigration needs of top                  Taking advantage of this new way of getting things done, I invite the
            global talent. At Invest Malaysia 2013 yesterday as well, the Honourable                   construction fraternity to volunteer ideas or be involved with some of
            Prime Minister also announced the introduction of Multiple Entry Visas                     the initiatives undertaken by the various Ministries. I strongly encourage
            for up to five years to qualified business investors and fund managers.                    the private sector to get involved actively, as the Government cannot
                                                                                                       build the nation without the support and collaboration with the private
            These are but a few of the positive outcomes from the various initiatives                  sector. I am confident that through initiatives under your own Corporate
            introduced by the Government. However, to ensure the economic                              Social Responsibility (CSR) programmes, or through formal public-
                                                                                                       private partnerships or PPPs, all parties, be it the Government, the
                                                                                                       private sector or the rakyat, will enjoy their benefits.

                                                                                                       To illustrate this point, I would like to highlight one such successful
                                                                                                       PPP project, which  is the 1Malaysia Public Housing Project (Projek
                                                                                                       Perumahan Penjawat  Awam 1Malaysia - PPA1M), launched in
                                                                                                       April 2013 in Putrajaya. PPA1M is the Government’s latest effort to
                                                                                                       assist civil servants to buy quality affordable homes. Showcasing
                                                                                                       the PPP model at its best, the project was developed involving
                                                                                                       SP  Setia  Bhd,  Putrajaya  Corporation and  Putrajaya  Holdings  Sdn.
                                                                                                       Bhd. on state-owned land, which allowed the development costs
                                                                                                       to be reduced by up to 10 per cent, and thereby reducing the price
                                                              Launched in                              of each unit of housing. In this instance, it was clearly a win-win
                                                              April 2013                               situation for all parties involved. I hope MBAM will continue to work
                                                                                                       and collaborate with the Government towards implementing meaningful
                                                                                                       and high impact projects for the benefit of the rakyat.





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