Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah expects Malaysia to register a Gross Domestic Product(GDP) of between five and six per cent next year.

He said the government has undertaken several new initiatives, including National Key Result Areas (NKRA), the Tenth Malaysia Plan and National Key Economic Areas (NKEA) to prop up the economy.

'Under the NKEA, seven projects are about to take off while another 12 are in the final stage and this alone will bring investments amounting to RM151 billion,' he told reporters at the World Capital Markets Symposium today.

Husni said the country's GDP growth in the second-half would be lower compared with the first-half following the weak global economy. - Bloomberg