PR1MA Development Updates
PR1MA Development Updates 11th August 2015 Why Was PR1MA Established? © PR1MA Corporation Malaysia. All rights reserved. CONFIDENTIAL & RESTRICTED Migration Trend - From Rural To Urban Areas The need to rebalance the government's rural-centric policies The Migration Trend RURAL URBAN GOVERNMENT FREE MARKET INTERVENTION LAISSEZ-FAIRE 28% Financial (Economic) Financial (Economic) • RISDA, FELDA, FELCRA, • User pay 66% MARA, DARA, KEJORA, FAMA 72% Societal 89% Societal • NGO, Minimal Government • JKK, Religious Leader, KEMAS, Penghulu, Ketua Physical Kampung, Pegawai Daerah • Physical Infra (e.g. roads electricity, water, waste, telco etc) – included Physical in the house price 34% • Road, Drains, Bridges, • Market based 11% Services (Utilities), Rural Perception: Development Ministry • Can manage to care for themselves 1957 1980 2010 • Can pay within free market • Can 'AFFORD' Rural Urban • No special structural support © PR1MA Corporation Malaysia. All rights reserved. 3 CONFIDENTIAL & RESTRICTED Urbanization In Malaysia Proportion urban & rural in Malaysia, 1950 – 2050 [%] In 2050, approximately 37 million Malaysians (87% of the population) will live in urban areas • Rapid urbanization entails: – Difficulties in managing growth in urban centres in a sustainable way2) – Challenge of managing expanding populations, securing sufficient public Urban & rural population in Malaysia, 1950-2050 [m] funding for the provision of social services, and dealing with demand and supply pressures on land, energy, water, and the environment 1) A country is considered to urbanized when over 50 per cent of its population live in the urban areas 2) Globally, it is estimated that over 70% of urban growth currently takes place outside formal planning processes Source: United Nations: World Urbanization Prospects: The 2011 Revision, International Federation of Surveyors: Rapid Urbanization and Mega Cities © PR1MA Corporation Malaysia.
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