Friday, September 24, 2010


Malaysia government unveiled the ambitious Economic Transformation Program (ETP) with a price tag of USD444 billion, vows to develop a Greater KL and drive the country into high-income nation by 2020.

Among the programs are building a high speed rail link from Kuala Lumpur to Singapore, establishing a subway system in KL, attracting world top 100 companies to invest in Malaysia, escalating regional education hub etc… White elephants. Though it is not impossible, to realize such mega idea in this bureaucratic system itself would face tremendous hurdles, for instance capital, cooperation with other political parties, management transparency, city planning… Wouldn’t be surprised this grants good opportunities to benefit a handful of people.