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Malaysia · Economy & Business · Normal
What was the name of the flagship privatisation and industrialisation policy, launched by Mahathir Mohamad in 1983, that aimed to create a class of Malay entrepreneurs by awarding government contracts?
Answer: Malaysia Incorporated — Malaysia Incorporated was launched by Prime Minister Mahathir Mohamad in 1983, promoting public-private cooperation modelled partly on Japanese and South Korean industrial policy.
- A Malaysia Incorporated ✓
- B Vision 2020
- C Look East Policy
- D National Development Policy
Malaysia Incorporated was launched by Prime Minister Mahathir Mohamad in 1983, promoting public-private cooperation modelled partly on Japanese and South Korean industrial policy.