Malaysia: Supporting the Tenth Malaysia Plan, 2011-2015

Sovereign Project | 45083-001

Summary

Malaysia is at a critical juncture in its development. It has made huge strides in socioeconomic development since the 1970s, transforming itself from an underdeveloped country reliant on natural resources into a middle-income country with a vibrant manufacturing sector. While Malaysia has made strong gains, the current situation poses some challenges that have led some to suggest that Malaysia is in a middle-income trap.

The government has been proactive in taking on these challenges. Specifically, it has issued a comprehensive policy framework through the Economic Transformation Programme (ETP) and the Tenth Malaysia Plan (TMP), 2011-2015, in recognition that a new economic model is required. In addition, the Asian Development Bank (ADB) has formed an interim country partnership strategy (CPS) with Malaysia to support the government in the implementation of the ETP and the TMP.

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Project Name Supporting the Tenth Malaysia Plan, 2011-2015
Project Number 45083-001
Country Malaysia
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8014-MAL: Supporting the Tenth Malaysia Plan, 2011-2015
Technical Assistance Special Fund US$ 400,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Finance - Infrastructure finance and investment funds - Money and capital markets

Public sector management - Economic affairs management

Gender Equity and Mainstreaming No gender elements
Description

Malaysia is at a critical juncture in its development. It has made huge strides in socioeconomic development since the 1970s, transforming itself from an underdeveloped country reliant on natural resources into a middle-income country with a vibrant manufacturing sector. While Malaysia has made strong gains, the current situation poses some challenges that have led some to suggest that Malaysia is in a middle-income trap.

The government has been proactive in taking on these challenges. Specifically, it has issued a comprehensive policy framework through the Economic Transformation Programme (ETP) and the Tenth Malaysia Plan (TMP), 2011-2015, in recognition that a new economic model is required. In addition, the Asian Development Bank (ADB) has formed an interim country partnership strategy (CPS) with Malaysia to support the government in the implementation of the ETP and the TMP.

Project Rationale and Linkage to Country/Regional Strategy The TA aims to support the government's efforts in enabling new engines of growth for an economy during a period of structural transformation. To help tackle these issues, a knowledge and capacity development TA is required that can assist in (i) promoting PPP-enabling policy and regulatory reforms and financing, and (ii) encouraging outward-oriented private sector development based on vibrant export growth with effective export financing which in turn will encourage partnership in global and regional production networks.
Impact Stronger development of Malaysia through effective implementation of the TMP and ETP.
Project Outcome
Description of Outcome More conducive environment for private and PPP financing
Progress Toward Outcome
Implementation Progress
Description of Project Outputs Recommendations on enhanced PPP financing procedures and priority projects developed
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services Consultants will provide the advisory, technical, and administrative support services. In totality, it is estimated that ten (10) person-months of international consulting services and thirty-six (36) person-months of national consulting services are required for the TA.
Procurement Purchase of computer hardware and software will be undertaken.
Responsible ADB Officer Gary P. Krishnan
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Regional Cooperation and Operations Coordination Div, SERD
Executing Agencies
Ministry of FinanceBlock 9, Ministry of Finance
Jalan Duta 50592 Kuala Lumpur
Malaysia
Timetable
Concept Clearance 30 Jun 2011
Fact Finding 01 Jul 2011 to 31 Jul 2011
MRM -
Approval 15 Dec 2011
Last Review Mission -
Last PDS Update 11 Nov 2011

TA 8014-MAL

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
15 Dec 2011 - - 15 Feb 2013 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
400,000.00 0.00 0.00 0.00 0.00 0.00 400,000.00 15 Dec 2011 0.00

Safeguard Documents

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Evaluation Documents

See also: Independent Evaluation

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