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Published on : Thursday, May 11, 2017
Dr Mahathir Mohamad, former prime minister of Malaysia explained while delivering a lecture on ‘Strategic Planning: the Malaysian Perspective’ that Oman should utilize its marvelous potential in terms of tourism and huge mineral resources in order to achieve economic diversification.
At the Grand Hall of the Sultan Qaboos University’s Cultural Centre on Tuesday, the lecture was delivered. He highlighted the fact that tactical planning is crucial for business organizations and governments to attain their targets. To quote Dr Mahathir, “In Malaysia, politicians, the cabinet, civil servants, experts and consultants are involved in the process of economic planning. Malaysia implemented five year plans to make itself a fully developed nation by 2020.” Dr Mahathir also added by saying that there are some intricacies in governing a multiracial country like Malaysia. He said countries with multiracial and multi religious background causes some complexities in the governance.
In spite of the differences, Malaysians amicably live together along with its national resources, sharing power and fulfilling responsibilities calmly. Dr Mahathir said that Malaysia was always interested to curtail its resources spending within its means. To quote him, “for making proper planning for infrastructure development, we analyze and prepare a blueprint of future needs of the country. To attract foreign investment we make sure that Malaysia has a strong infrastructure for power generation and distribution.”