# First Malayan Five-Year Plan

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Economic development plan of Malaysia

The **First Malayan Five-Year Plan** (1956 – 1960) was the first economic development plan launched by the [Malayan](/source/Federation_of_Malaya) government just before independence in 1957. The colonial British government had concentrated available resources on fighting the [Malayan communist insurgency](/source/Malayan_Emergency) instead of developing the rural areas of Malaya. The Five Year Plan allocated substantial resources to agricultural and rural improvement, and was administrated by the Prime Minister's department. A total of 24% of all public expenditure alone was allocated by the Plan to develop agriculture in Malaya, and substantial sums were also made available for infrastructure development. [1]

## Background

Prior to its formal independence, Malaya has long been investing itself for a long term plan for its economic development post independence. In 1956, one year before Malaya gained its formal independence from the [British Empire](/source/British_Empire), the First Malayan Plan was launched.[2]

## References

1. **[^](#cite_ref-1)** Henderson, John William, Vreeland, Nena, Dana, Glenn B., Hurwitz, Geoffrey B., Just, Peter, Moeller, Philip W. & Shinn, R.S. (1977). *Area Handbook for Malaysia*, p. 293. American University, Washington D.C., Foreign Area Studies. [LCCN](/source/LCCN_(identifier)) [77-1294](https://www.loc.gov/item/77001294).

1. **[^](#cite_ref-2)** [Malaysia's Development Plans & Policies (1956 - Present)](https://www.tiki-toki.com/timeline/entry/795566/Malaysias-Development-Plans-Policies-1956-Present/)

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