Tuesday, July 31, 2007
NCER launched
The NCER launched by Abdullah Ahmad Badawi, the Prime Minister of Malaysia, yesterday. The cost of the whole project starting from 2007 till 2025 will be a whopping $177 billion! It is expected to create 1.5 million jobs. Combine with the Iskandar project in Johore, the government wants to create jobs nearly 2.5 million. Iskandar project will create jobs of nearly 1.0 million. On paper it sounds unbelievable. Reality will be finding partners to tackle the projects announced by AAB. Will it be half measured growth? The government hasnt found partners to execute the projects. The projects of this magnitude the government must have people ever willing ever ready to launch it. These projects are timely for the GE.......the people will fall for it even though they dont see reality yet. Just look at the Proton teaser on its new car......you think people will book greedily for it. Proton has many images problems. It is better that Proton let the people see the new car now and see what will happen.....I think Proton did the same mistake with Savvy compart car.....Perodua hit right on its nose with Myvi car. What I am saying is that PM launched the projects on paper, will it hit into reality? Last election he said he won't go for mega mega projects which drain the country's finances. Now look at him. He eats his own words. He wants to make a name for himself...........
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