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BRIEF

Pillar 3: Supporting Malaysia’s Vision of Becoming a High-income Economy

June 8, 2016

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Malaysia has moved from being a World Bank borrower to being a contributor to Bank concessional lending funds. As a long-trusted partner of the Malaysian government, we work to provide technical assistance in support of the country’s pursuit of becoming a high-income economy. As such, our support also shifted to focus on the provision of advisory services and analytics to support key reforms in a wide range of areas, including economic policy, education, social protection, labor and infrastructure.

Prior to the opening of the Global Knowledge and Research Hub, our support was centered on providing international experience and expertise in the form of Reimbursable Advisory Services (RAS) to support Malaysia’s National Development Plans. The Hub has opened further avenues for collaboration with the government, taking advantage of Malaysia-based experts and global teams to deliver demand-driven technical assistance.

Recent RAS engagements focused on supporting the objectives in the 11th Malaysia Plan by facilitating human capital development, addressing skills shortages and mismatches, supporting the implementation of Malaysia’s SME Masterplan, developing strategies to upgrade the local port systems, improving the country’s statistical system, and unlocking the potential of Malaysia’s digital economy.