Melaka Sustainability Outlook Diagnostic : Supporting Report 1 - Reinforcing Melaka’s Economic Success
Melaka State, situated roughly halfway between Kuala Lumpur and Singapore, has unique importance in the global dialogue around the sustainability of our shared urban future. At Melaka’s heart is its historic urban center, a UNESCO World Heritage Si...
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/729331556616302162/Supporting-Report-1-Reinforcing-Melaka-s-Economic-Success http://hdl.handle.net/10986/31659 |
| Summary: | Melaka State, situated roughly halfway
between Kuala Lumpur and Singapore, has unique importance in
the global dialogue around the sustainability of our shared
urban future. At Melaka’s heart is its historic urban
center, a UNESCO World Heritage Site (WHS) strategically
located along the Strait of Malacca, one of the world’s
busiest shipping routes and a link between the two largest
countries by population, China and India. Despite Melaka
State’s rapid economic growth in recent years, its future
prosperity is not predetermined. Recent growth in the
tourism industry has set the region on a path of extremely
fast economic expansion. However, it is unclear whether this
growth model has been delivering broad social benefits, and
to what extent it has caused excessive stain on local
infrastructure, services and historical heritage. At the
same time, very ambitious development plans and largescale
infrastructure investment projects have shaped government
priorities, while some of the issues that persist may need
further consideration in Melaka’s long-term plans. This
supporting report offers a detailed analysis of recent
economic development trends in Melaka City and State and
compares Melaka’s performance with other similar locations
in Malaysia and internationally. The report includes a
strengths, weaknesses, opportunities, and threats (SWOT)
analysis, along with elaborating the key message regarding
Melaka’s economic competitiveness. |
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