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Liow: Malaysia not a failed state

SERI KEMBANGAN: Malaysia is far from being a failed or bankrupt state, said Datuk Seri Liow Tiong Lai.
The MCA president said Malaysia has made it to various world rankings, including the 23rd spot on the Global Competitiveness Index, and 23rd place in the World Bank’s ease of doing business listing.  
“If we were a failed state, our performance in the world competitiveness ranking wouldn’t have improved to 23rd this year from 25th last year,” he said.  
Liow was speaking at the Malaysia Chinese Youth Summit 2017 on Friday (Oct 20).
It was organised by the Youth wing of the Federation of Chinese Associations Malaysia (Huazong).   
In his speech, Liow said that the National Transformation 2050 (TN50) needed the participation of youths and people at the grassroots.  
He advised Chinese youths to take the initiative to find out and make full use of government programmes, such as eRezeki and eUsahawan.  
On the transformation of public transportation in the country, Liow, who is the Transport Minister, said the Cabinet has decided on railway development to improve the sector.  
The new MRT lines, extended LRT, KTM and Monorail are engines of growth for Greater Kuala Lumpur, he said.
“Our goal is to achieve 40% of public ridership by 2030, which means that 40% of the people will use public transport instead of private cars and motorbikes,” he added.  
About 1,000 youths from all over the country attended the event, which was held at the Dewan Tan Sri Yeoh Tiong Lay in Wisma Huazong here. 
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