00:00Economists suggest that the government invests in fuel subsidies to give long-term returns to the sector that benefits the people.
00:11Muhammad Idham Madrazaq from the University of Technology, Mara, suggests that the government invests in the green economy sector,
00:18while the CEO of the Market Education Center, Carmelo Ferlito,
00:23suggests that investment should be focused on effective transportation sectors such as rail.
00:28Idham says that the green sector, which also includes the new energy sector,
00:32can also benefit the household through solar use incentives as an alternative to the electricity bill.
00:40He adds that long-term growth may be more beneficial if subsidies are invested in education and development
00:48as well as the green economy that can create new jobs for the people.
00:53Ferlito also said that rail projects that can improve urban and rural connectivity
00:59may not require funds, but rather be financed privately through the Entrepreneurship Rail Model or ERM,
01:06suggested by Peter Newman from the University of Kerting.
01:10The government plays a role in ensuring land acquisition for the implementation of the project
01:15and setting up a framework for regulation.
01:18It is said that the ERM can help Malaysia reconstruct the urban and rural transportation landscape
01:24as well as open up development opportunities in underdeveloped areas.
Comments