11/2/2011

Idris Jala, the man tapped to transform Malaysia into a high-income country by 2020, has identified palm oil as one of 12 industries that will drive growth. "We're also making deep-rooted reforms to improve our competitiveness in such things as international standards, in liberalization, human-capital development, public-service transformation and delivery systems,” Jala said. The country is aiming to double gross national income to $15,000 per capita, which is the minimum to be a World Bank-defined high-income country.

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