ID :
53083
Tue, 03/31/2009 - 14:44
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ABDULLAH CONFIDENT M'SIA ASSET MANAGEMENT WILL STIMULATE GROWTH

PUTRAJAYA, March 31 (Bernama) -- Abdullah Ahmad Badawi said he is confident the government's asset management can stimulate speedier growth in line with the emphasis on the service industry as the pillar for economic growth in the long term.

The Malaysian Prime Minister said the existing management system is weak in
terms of its implementation which gives an effect that lacks quality and this
depends on one factor, that is, the need to have a trustworthy attitude.

"If we are trustworthy, we will certainly carry out our work well, ensuring
that what we do meets with the people's aspiration. It all depends on whether we
treat our work as something that is entrusted upon us.

"If we understand the meaning of trust, we will discharge our duty well," he
said when launching the Government Asset Management Policy : "National Assets, A
Collective Trust and Responsibility", at the Putrajaya International Convention
Centre (PICC), here Tuesday.

Abdullah said he always emphasises on the importance of having human capital
with quality who not only have academic knowledge but are also trustworthy
because if they are intelligent but lazy, irresponsible and untrustworthy, they
are not human capital of quality and value.
Abdullah also said that whatever course or training carried out must absorb
values on trustworthiness and responsibility to motivate excellent development.

"This is what we want and all this depends on you. Development depends on
innovations and creativity in whatever that we do including the management of
government assets," he said.

He expressed appreciation to the civil servants for the successes achieved
so far and wants the successes to be enhanced further.

He said he was also confident that with the creation and implementation of
the government asset management policy, Malaysia would be able to emerge as a
leading nation in the region.

"I understand that even now, Malaysia has already become a reference by the
other countries in the field of asset management," he said.

In his speech, Works Minister Mohd Zin Mohamed said the policy will
provide guidelineS in explaining the responsibility of government agencies in
ensuring the effective management of assets besides creating awareness not only
among government employees but also the general public in appreciating and
strengthening the process of managing existing government assets.

He said the government is also considering the proposal to introduce a
'power saving incentive scheme' to encourage all departments to appreciate
austerity and raise awareness on the need for a comprehensive asset management.

--BERNAMA


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