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Malaysia’s prime minister Datuk Seri Najib Tun Razak has launched the Malaysia Productivity Blueprint (MPB) on 8 May 2017; and has set a minimum target to achieve an annual labour productivity growth of 3.7% by 2020. The blueprint outlines five strategic thrusts; which include 10 national initiatives, 32 sectoral initiatives and 16 key activities.
"The Malaysia Productivity Blueprint represents a bold step in raising labour productivity to achieve the targets set in the Eleventh Malaysia Plan, 2016-2020, laying the groundwork for an era of unprecedented productivity growth in the country," stated PM Najib in the foreword.
The blueprint would also serve as a holistic measure to target initiatives to open up potential productivity at national, sectoral and industrial level. These five key strategic thrusts form the basis of its recommendations to raise productivity and address the common challenges - talent, technology, incentive structure, business environment, and productivity mindset.
Tables / Economic Planning Unit, Prime Minister's Department Lead Photo / Economic Planning Unit, Prime Minister's Department
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