Second Malayan Five Year Plan
Encyclopedia
The Second Malayan Five Year Plan (1961 – 1965) was an economic development plan launched by the government of Malaya
, and continued by the government of Malaysia (a new nation comprising Malaya, Singapore
, Sabah
and Sarawak
). This plan followed the First Malayan Five Year Plan
, which ran from 1956 to 1960. The Second Malayan Five Year Plan increased expenditure for the development of agriculture and rural areas. Funding was markedly increased for land development schemes, physical infrastructure, and social services. The Plan's stated objective was "to provide facilities and opportunities for the rural population to improve its level of economic and social wellbeing." Some have attributed the greater expenditure of the Plan to the governing Alliance
political coalition's political woes; the coalition had only narrowly won the 1959 general elections due to discontent among the rural Malay
electorate over the lack of economic progress.
Federation of Malaya
The Federation of Malaya is the name given to a federation of 11 states that existed from 31 January 1948 until 16 September 1963. The Federation became independent on 31 August 1957...
, and continued by the government of Malaysia (a new nation comprising Malaya, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
, Sabah
Sabah
Sabah is one of 13 member states of Malaysia. It is located on the northern portion of the island of Borneo. It is the second largest state in the country after Sarawak, which it borders on its southwest. It also shares a border with the province of East Kalimantan of Indonesia in the south...
and Sarawak
Sarawak
Sarawak is one of two Malaysian states on the island of Borneo. Known as Bumi Kenyalang , Sarawak is situated on the north-west of the island. It is the largest state in Malaysia followed by Sabah, the second largest state located to the North- East.The administrative capital is Kuching, which...
). This plan followed the First Malayan Five Year Plan
First Malayan Five Year Plan
The First Malayan Five-Year Plan was the first economic development plan launched by the Malayan government, just before independence in 1957. The colonial British government had concentrated available resources on fighting the Malayan communist insurgency instead of developing the rural areas of...
, which ran from 1956 to 1960. The Second Malayan Five Year Plan increased expenditure for the development of agriculture and rural areas. Funding was markedly increased for land development schemes, physical infrastructure, and social services. The Plan's stated objective was "to provide facilities and opportunities for the rural population to improve its level of economic and social wellbeing." Some have attributed the greater expenditure of the Plan to the governing Alliance
Barisan Nasional
Barisan Nasional is a major political coalition in Malaysia, formed in 1973 as the successor to the Alliance . Along with its predecessor, it has been Malaysia's federal ruling political force since independence...
political coalition's political woes; the coalition had only narrowly won the 1959 general elections due to discontent among the rural Malay
Malay people
Malays are an ethnic group of Austronesian people predominantly inhabiting the Malay Peninsula, including the southernmost parts of Thailand, the east coast of Sumatra, the coast of Borneo, and the smaller islands which lie between these locations...
electorate over the lack of economic progress.