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Budget 2021 – for economic survival and social wellbeing
Budget 2021 is a people’s budget structured for economic survival and social wellbeing to help Malaysia get back into positive growth. Under Covid-19 pandemic, it is important to address the social issues and livelihoods of the people including the allocations for food and supplies, public healthcare system and access to education.
PAM welcomes the Government allocation in environment rehabilitation and protection, with more than RM500 million allocated for river cleaning, waste management, biodiversity protection and environment monitoring. It is hoped that law enforcement will be improved in protecting the environment and biodiversity to protect our natural resources including clean water sources.
The additional RM2 billion budgeted for continuing the Green Technology Financing Scheme will also help to contribute in our environment rehabilitation agenda.
The RM100 million allocation for new job creations and the GLC grants is expected not just to create new job opportunities for the Rakyat, but it will also be allocated for upskilling and reskilling of our youths and workers to have better opportunities and to be more productive in their job and businesses. A special incentive of 60% of the monthly salary provided for employment of local workers who are replacing foreign workers will also help in creating jobs for Malaysians.
Although we are under a pressing economic situation, it is most welcomed for the Government to proceed with economic corridor programmes including the transport infrastructure projects, highway and rails services. PAM would like to urge the government to be transparent in the procurement of all projects, and give priorities to Malaysian professionals and contractors to be engaged for the projects.
The digital transformation scheme would benefit the way businesses are conducted. Digital transformation through technological adoption using Building Information Modelling (BIM) will be a quantum leap to the construction industry. However, the efforts has lack of focus and so far has not achieved significant improvement. PAM hopes the budget will be used not just to acquire the software and hardware, but also to develop a structured system that will be able to focus on digital transformation through the creation of leaders in digitalisation.
Affordable housing ownership incentives are also hoped to improve the demand for houses. This will stimulate the construction industry and spur other related activities in the supply chain. The allocation under rural development budget will also help to improve the construction industry with RM2.7 billion allocation for infra-structure development and house improvement budget in the rural area.
Datuk Ar. Ezumi Harzani Ismail
President, Pertubuhan Akitek Malaysia (PAM)
6 Nov 2020
October 2021