Ninth Malaysian Plan
(Rancangan Malaysia ke-9) abbreviated as '9MP', is a comprehensive blueprint prepared by the Economic Planning Unit (EPU) of the Prime Minister's Department and the Finance Ministry of Malaysia with approval by the Cabinet of Malaysia
to allocate the national budget from the year 2006 to 2010 to all economic sectors in Malaysia.
The blueprint was announced on 31 March 2006, unveiled by the fifth Prime Minister of Malaysia, Datuk Seri Abdullah Ahmad Badawi in Parliament.
The economic development plan was unveiled just at a time Malaysia started to recover from the Asian financial crisis and challenging economic condition as a result from high oil prices. The US-led Iraq invasion in 2003 resulted in hike in oil prices to about US$60/barrel in August 2005, few months before the plan was unveiled. These two factors were mentioned in Prime Minister's speech when tabling the Ninth Malaysia Plan on 31 March 2008 besides SARS, bird flu, earth quake and tsunami.
The plan highlights five thrusts for Malaysia to move forward economically. These thrusts are:
- To move the economy up the value chain
- To raise the capacity for knowledge and innovation and to nurture a 'first class mentality'
- To address socio-economic inequalities constructively and productively
- To improve the standard and sustainablity of quality of life
- To strenghten institutional and implementation capacity
Highlight issues of 9MP
- RM10.28 bil for disease prevention
- RM2.3 bil for setting up National Institute of Cancer, National Forensic Institute and National Institute for Oral Health
- Eight new hospitals to be built...
- RM510 mil for cleaning, preserving and beautifying rivers
- RM4 bil for flood mitigation projects
- RM4.4 bil for modernising agriculture farming
- RM2.6 bil for support services
- RM1.5 bil for agricultural irrigation programmes
- Revitalising cocoa industry
- RM 690 mil for teachers' accommodation or housing quarters
- RM 143 mil quarters in remote areas of Sabah & Sarawak
- Universities for the states of Terengganu and Kelantan
- 180 primary, 229 secondary and full boarding schools to be built
Culture, arts and heritage
- RM11.62 mil less for culture
Mid Term Review
Mid-term review was tabled in Parliament on June 26 2008. An additional MYR30
billion has been allocated to the plan, making the total allocation MYR230
billion. The extra MYR30 billion spending will be spent on:-
- RM 10 billion for corridor initiatives
- RM 2 billion for Sabah and Sarawak development
- RM 3 billion for Food Security
- RM 3 billion for Strategic Investment Fund
- RM 2 billion for double tracking rail projects between Ipoh and Padang Besar and Seremban and Gemas
- RM 2 billion for additional rural infrastucture
- RM 1.6 billion for public transportation
- RM 1 billion for low-cost and medium-cost housing
- RM 500 million for high impact education fund.