If not mistaken, Malaysia GDP is about $200 billion, and in 2011 Malaysian Budget RM411 Million (approx. $133.35/ $0.13billion) allocated for R&D. This means only 0.065% of the country GDP will be spent on R&D, a... key for knowledge economy.
FYI: Israel, Sweden, Korea, Finland and Japan all spending above 3%, and... Iceland, the USA, Singapore, Denmark, Germany and Austria all spending above 2.5%, UK about 1.8%.
Many coutries are increasing their investment in science, as there's a huge potential there. The success of science, knowledge development is important for future economic growth and this is a factor to attract foreign investor in high-skilled area as well.
Say NO/TAK NAK to mega tower, we want 5 billion MYR on knowledge economy development
Please show your support by joining the facebook page at
Facebook-1M Malaysians Reject 100-storey Mega Tower http://ow.ly/2XXX6
It’s time to exert people power.
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