Najib: Chinese will not be left out in Ninth Plan - The Star

KUALA LUMPUR: The Chinese will not be left out in strategies to eradicate socio-economic inequalities in the Mid-Term Review (MTR) of the Ninth Malaysia Plan, Deputy Prime Minister Datuk Seri Najib Tun Razak said.

Najib, who gave a ministerial statement in Parliament yesterday explaining the details of the third thrust of the strategy framework of the MTR , said an additional explanatory statement needed to be outlined to prevent the issue from being misunderstood by any party.

He added the third thrust, which concentrated on addressing persistent socio-economic inequalities between ethnic groups, would give emphasis on three groups which still lagged behind the other races in terms of income and wealth ownership.

Najib said the three groups were the bumiputras, bumiputras from Sabah and Sarawak and the Indian community.

“This effort will not discriminate against the Chinese community and other groups as outlined under the national philosophy of growth which we had been practising since the 1970s,” he said .

Najib said emphasis would be given to the bumiputras to enable them to have 19.4% equity ownership in the corporate sector, 15% ownership of premises and an average income of RM3,156 each; Sabah and Sarawak bumiputras to have 3% ownership in the corporate sector and have an average income from RM2,063 to RM2,858 each; and the Indians to have 1.1% ownership in the corporate sector, 3.8% premises ownership and an average income of RM3,799.

[More at http://thestar.com.my/news/story.asp?file=/2008/7/1/nation/21701131&sec=nation]