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Malaysia - At A Glance

9/2/2012

 
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Introducing Malaysia's Success

Malaysia is a harmonious and peaceful country where various ethnic groups live together through mutual understanding and tolerance fostered over several decades of coexistence. The cultures of these groups form a colourful and vibrant heritage for the peoples of Malaysia as well as its visitors.

Since Malaysia gained independence in 1957, it has evolved into a high technology nation and experienced steady economic progression and rapid infrastructure development which Malaysians are truly proud of. 

Today, Malaysia continues to thrive in its ventures. It has become more efficient and competitive globally. According to the 2010 World Competitive Yearbook published by the Swiss-based Institute for Management Development (IMD), Malaysia had an overall ranking of 10th most competitive countries in the world. IMD's World Competitiveness Yearbook reports on the competitiveness of nations through the Overall Competitiveness Scoreboard which ranks the world's 57 leading economic nations. It takes into consideration a economic performance, government efficiency, business efficiency and infrastructure.

Malaysia is also a popular destination for tourists. Lonely Planet, one of the most widely read travel guidebook, picked Malaysia as one of the world's top destination for 2010. The Lonely Planet praises Malaysia for its diversity from its cities to the rainforests as well as multicultural elements of its people.

"Malaysia is known to many as a peaceful country where various ethnic groups live harmoniously"

Malaysian Plan for Developed Country Status

The 10th Malaysia Plan (10MP) covers the period from 2011 to 2015 and is part of the government's goal of becoming a developed nation by 2020. Among the highlights of the 10MP are new approaches towards becoming a high income and high productivity economy. The gross national income per capita is targeted to increase from the current RM23,567 or USD7,365, (in 2009) to RM38,850 or USD12,140, in 2015.

Twelve National Key Economic Areas (NKEAs) have been identified to boost the economy on the basis of contribution to high income, sustainability and inclusiveness. They include: oil and gas, palm oil and related products, financial services, wholesale and retail, tourism, information and communications technology, education, electrical and electronics, business services, private healthcare, agriculture as well as the Greater Kuala Lumpur revitalisation.

"The 10MP has been formulated with various new approaches towards becoming a high income and high productivity economy"

Centre of Excellence for Education

Malaysia is currently the world's 11th most preferred study destination. According to UNESCO, Malaysia has captured a 2% market share of international students in the fast growing private education sector. With a population of 27.9 million in 2009 and more than a million Malaysian students in tertiary education, Malaysia also accommodates more than 80,000 international students.

Higher education opportunities are abundant for international students at an affordable cost. All students are welcome to come learn in a country of great diversity, rapid economic development and people living in peace and harmony!

Recognising the potential of the country to become an education hub, various measures have been taken to promote Malaysia as a centre of excellence for education. These include establishing Malaysia as a higher education mobility hub for international students, deploying effective marketing strategies, and setting up Malaysian Higher Education Centres in selected cities worldwide.

In addition, high impact projects have been developed to cater specifically for education, for example, Kuala Lumpur Education City (KLEC) and Iskandar Malaysia's EduCity in Nusajaya (Johor) that offers tailored-made programmes for international students.

The US Newsweek magazine listed Malaysia as the eighth best nation in the education category among the upper middle-income countries in its The World's Best Countries survey 2010.

"Malaysia is the world's 11th most preferred study destination"

Source:
Study in Malaysia Handbook (8th International Edition), published by Challenger Concept (M) Sdn Bhd

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