Strategic Production Zones – Rapid Response to COVID19
The recent announcement that a committee jointly chaired by senior ministers in charge of security and economy clusters respectively demonstrates that the Malaysian government is serious about creating a balance between continued safety of the general population and the survival of the economy. In the global context, as many countries struggle to deal with the medical response to COVID19 this step represents a broader and indeed a rapid response to the COVID19 crisis. The clearly stated objective of this new committee is to balance the medical risks and rewards of increased production during the current situation. This rapid response is testimony to Malaysia’s currently rank of 12th in World Bank Doing Business 2020 report. From the perspective of crisis management all scenarios need to be taken into consideration. This includes the scenario that a prolonged crisis becomes the new reality that people and companies must be able to function [...]
