00:05He's far from doing any heavy construction work, as you can see, but the token he can deliver.
00:14We now invite Yama Mahurma Nato Sri Anwar bin Ibrahim to insert the token in place to initiate our launch
00:20sequence as we count down.
00:21But Malaysian companies are not merely users of modular technology, but active participants in its development, production, and commercialization.
00:34So the transformation of our construction industry must ultimately translate into tangible benefits for the rakyat, not the least being
00:46affordable housing.
00:48Because otherwise they will continue to be disconnected with these gigantic mega projects and buildings, which has no relevance to
01:02the welfare of the majority of our rakyat.
01:06And this, of course, is very concerning. Have you seen the frustrations being fought by many cities precisely because they
01:19have been largely ignored?
01:20Our focus is on development, which is correct. Our focus is on growth and construction, which is practical.
01:31But when we lack our understanding about societal needs, we will only invite resentment.
01:41For example, the 13th Malaysia Plan, we set up a target of delivering 500,000 of affordable homes by 2030.
01:54As part of our wider national aspiration, one million homes between 26 to 2035.
02:04Now, technology must help us deliver these homes more efficiently without compromising, of course, safety, quality, and availability.
02:15And I would add cost. That is why Alex knows precisely my obsession that the tender process competitiveness must be
02:30retained and this relates to the issue of governance.
02:34Which people tend to be too ridiculed and be a bit cynical without realising the fact that if you manage
02:46the affairs of the state with greater transparency, observing the principles of governance,
02:54You cannot build more and assist more by not imposing on the government and the public sector unnecessary costs.
03:08Ultimately, the success of this transformation should be measured only by the number of technologies introduced or projects completed.
03:17It must also be measured by the capabilities we develop, the opportunities we create for local businesses, the quality of
03:30homes and infrastructure we deliver, and the value we contribute to the Malaysian economy.
03:47The $13,000 has to be measured by the number of technologies that we create.
03:48However, the choice of this transformation has created by the direct
