Word: jaya
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Dates: during 1960-1969
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...Malayan government hopes to cure all its national ills with a heavy dose of economic planning. Among other things, it offers some of Southeast Asia's most generous tax concessions to foreign industries. Aluminium Ltd. of Canada is planning a $1,500,000 aluminum rolling plant at Petaling Jaya, Dunlop has begun construction of a $25,000,000 tire factory, and a Japanese Malayan iron and steel plant will be operating at Lunut by 1964. A massive hydroelectric plant, mostly financed by a $35.6 million loan from the World Bank, is under construction in the Cameron Highlands...