Malaysia's New Economic Policy and Industrialization Drive (1971-1990)

1. May 13 riots expose deep economic divides

   May 13, 1969Labels: Kuala Lumpur, Ethnic Riots

   • EHM Malaysia
   • Britannica

2. New Economic Policy begins under Second Malaysia Plan

   Jan 1, 1971Labels: New Economic, Second Malaysia

   • NEP summary
   • UN ESCAP

3. Third Malaysia Plan expands NEP implementation nationwide

   Jan 1, 1976Labels: Third Malaysia, NEP implementation

   • Economy Ministry
   • UN ESCAP

4. PNB created to broaden Bumiputera asset ownership

   Mar 17, 1978Labels: Permodalan Nasional, Bumiputera ownership

   • PNB official
   • PNB profile

5. HICOM established to push heavy industry development

   Jan 1, 1980Labels: HICOM, Heavy industry

   • DRB HICOM
   • NEP overview

6. Amanah Saham Nasional launches as mass unit trust

   Apr 20, 1981Labels: Amanah Saham, Unit trust

   • BSN ASN
   • PNB official

7. Mahathir becomes prime minister and accelerates industrial strategy

   Jul 16, 1981Labels: Mahathir Mohamad, Industrial strategy

   • Mahathir tenure
   • Britannica

8. Look East Policy launched to learn from Japan and Korea

   Jan 1, 1982Labels: Look East, Japan model

   • Look East
   • ISIS Malaysia

9. Malaysia Incorporated and privatization policies introduced

   Jan 1, 1983Labels: Malaysia Incorporated, Privatisation Policy

   • Commonwealth
   • Mahathir tenure

10. Proton founded to build a national car industry

    May 7, 1983Labels: Proton, National car

    • Proton
    • Saga background

11. Proton Saga launches as first mass national car

    Jul 9, 1985Labels: Proton Saga, Automotive launch

    • Saga
    • Proton official

12. Penang Bridge opens, strengthening national connectivity

    Aug 3, 1985Labels: Penang Bridge, Infrastructure

    • Penang Bridge
    • Expressway chrono

13. Fifth Malaysia Plan addresses slowdown and structural weaknesses

    Jan 1, 1986Labels: Fifth Malaysia, Economic stabilization

    • Economy Ministry
    • UN ESCAP

14. Industrial Master Plan period begins to guide manufacturing upgrading

    Jan 1, 1986Labels: Industrial Master, Manufacturing policy

    • UPI 1996
    • MITI library

15. NEP period closes; National Development Policy succeeds it

    Jun 17, 1991Labels: National Development, NEP closure

    • UPI 1991
    • NDP