Some idea on Privatization Policy in Malaysia

Privatization may be defined as the transfer of the public sector activities and functions to the private sector. This applies to the commercial and industrial enterprises which are often owned, nmanaged and implemented by the public sector which could otherwise be operated by private sector. Privatization is premised in the assumption of the superioroty of market forces over administrative directives in governing economic activity to achieve efficiency.

Malaysia first implemented privatization in 1983 abd the first project being upgraded of a public road into a tolled reoad bypassing the town of Klang. From then the government has extended the privatization projects to cover other sectors.

The objectives are to relieve the financial and administrative burden of the government, to improve efficiency and increase productivity, to facilitate economic growth. to reduce the size and presence of the public sector in economy, to produce more Bumiputera entrepreneur and to help meet national development targets.

Hopefully , these brief idea on the policy will help you all in understand more of our Malaysia's policy.

Report on the survey of Privatization Policy in Malaysia

From the survey conducted on the Privatization Policy in Malaysia, that more than 70% of the respondent stated that they do not have much understanding on the policy.

The answer for question 2 with 86% respondents choose the right answer which is true where privatisation will improve the economics and general performance of the services.

Question 3 seems to be more confusing to the respondents where we receive a very near percentage of the 2answers given. The answer to this question is true where privatisation is againts the nationalisation policy.

More than 60% respondents realise that the policy is meant to assist in achieving New Economy Policy which is to produce Bumiputera entrepreneur as being shown in question 4.

The answer to the last question is the policy help to minimize the gap between different ethnics by having all ethnics work together under one roof. The percentage of respondents with correct answer is 79%.

Overall. although the respondents said that they dont have much understanding on this policy, but through their knowledge and common sense, most of them get the correct answer of the survey question. It is proven that the Privatisation Policy by Malaysia is a very general and easily understood policy where it emphasis on every minor detail in boosting the economy and the support the implementation of New Economy Policy.

Survey Responses

RojaK

A minutes video with wonderful meaning~~

video project edited based on comment Mr Ahmad

Small Video to share

Our video project with title: WE ARE INTEGRATIVE

This video is created by our group which combining the pictures we have captured before and until now especially happening in between our classmates and us. It uses to be showing unity, integration and even the word of One Malaysia. Hope that this video can give the strengh and power in order to obtain the feeling of "WE ARE INTEGRATIVE".

Each word of the title: "WE ARE INTEGRATIVE" is playing the real and exact meaning indeep. The word of "WE" to indicate that all of us are in a large group, but it is not solely for the existence of you or only me. Furthermore, for "ARE", it can stand for the meaning of the people for belonging to be or supposing to be. For the last word of "INTEGRATIVE", it brings out a vital and essential mean which used to express we are always together, integration, with one-heart and one-dream all together to achieve a tight or strong bonding and relationship between the ethnics or different races.