Economy Ministry gets 9,955 project proposals worth RM944b for 2027

KUALA LUMPUR, Oct 6 — The Economy Ministry has received a significant number of project proposals amounting to RM944 billion for the year 2027. These proposals, consisting of 9,955 new and extension projects, were submitted by ministries and agencies as part of the development planning process. To ensure transparency and clarity, the ministry stated that RM80.4 billion will be required as the development expenditure ceiling for the year.

This information was provided in response to a question posed by Datuk Seri Doris Sophia Anak Brodi during a parliamentary session. The ministry emphasized the importance of engaging with stakeholders, including state governments and relevant agencies, in order to prioritize projects based on their needs, implementation capacity, and stipulated timelines.

This approach aims to ensure that approved projects are carried out efficiently, fully utilized within the year, and completed on schedule, ultimately benefiting the people, state development, and local communities. The ministry also highlighted that the 13th Malaysia Plan (13MP) targets the completion of all development projects by 2030, with no projects left unfinished in the second year after approval.