Malaysia is a fast growing developing nation and has the aspiration to be a fully developed by 2020 as envisioned in her Vision 2020. Vision 2020 highlights the need for fostering a balanced development that is ecologically sustainable. Malaysia’s natural resource base has always had a significant contribution towards the economy. Even as the structure of the economy has transitioned towards being driven by services and manufacturing sectors the economy is still very much reliant on natural resources. The major contributor besides crude oil and natural gas is palm oil, timber and rubber.
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By Vinamra Mathur / 3 November, 2014 - 04:45