Deputy Minister in the Prime Minister's Department Datuk SK Devamany said the
government had made the forecast based on the inflow of new investments, government support and the Economic
Transformation Programme to turn Malaysia into a high-income nation by 2020.
"Each sector has a different approach. In the manufacturing sector, for
instance, Advanced Micro Devices Export Sdn Bhd (AMD) which collaborates with the Northern Corridor
Implementation Authority (NCIA) will develop a microprocessor testing facility in Penang and this will attract
more foreign investments here.
"At the same time, AMD will further develop the semi-conductor industry and
provide about 500 jobs in the technical and engineering fields," he told reporters after a working visit to AMD
in Bayan Lepas, near here, Friday.
Also present were NCIA chief executive Datuk Redza Rafiq, Public-Private
Sector Cooperation Unit (Ukas) deputy director-general Ahmad Husni Hussain and AMD vice-president and managing
director Datuk Dr Mohd Sofi Osman.
Among the new investments in the NCER are in aquaculture projects in Langkawi,
the aquaculture product processing factory in Sungai Kerang, Perak and Pauh industrial zone development
programme in Perlis.
"For the aquaculture programmes, we will move away from traditional methods to
one that uses technology, making the operations easier and faster, besides using less manpower, hence reducing
costs," said Devamany.
"For tourism, we will introduce new products such as sports tourism in
Langkawi and Penang, while for health tourism, we will be making some improvisations," he added.