While Tourism accounts for 14% of Malaysia 's economy, the Government has launched various events throughout the year and promotional campaigns in order to attract more international tourists.

2 sectors are increasingly gaining popularity: Health tourism and Eco-tourism.

Local airlines are also adjusting their fares and strategies in order to attract more arrivals to Malaysia .

The State Government of Sarawak in collaboration with the Federal Government have decided to further boost economic growth, and improve the quality of life of the people by launching the Sarawak Corridor for Renewable Energy, or SCORE.

SCORE will be focusing on the central region of Sarawak and transform Sarawak into a developed State by 2020.

By then, RM 360 Billion will be invested in the SCORE initiative.

Key sectors are being targeted: Agriculture, Education, Tourism, Infrastructure, Heavy Industries, Shipbuilding, with at its core: Renewable Energy.

The Malaysian Government has recently announced that they want Malaysia to be the regional education hub; one can wonder if the country has all the elements in place in order to compete with more traditional education destinations?

While Malaysia emphasizes on boosting its service industry; various sectors such as the Sabah Development Corridor, Real Estate and Tourism, are being promoted.

Meanwhile local Universities are gearing up to provide the relevant work force.

As Malaysia is moving up the value chain - various sectors are becoming increasingly successful: Islamic Banking, Biotech and Tourism.

But in the race to reach developed Nation Status by 2020, Malaysia will have to tackle one Key challenge: the development of its Human Resources.