(EnergyAsia, March 31 2015, Tuesday) — Malaysia remains on track to become a “high-income status” economy by 2020, said Asian Development Bank (ADB) President Takehiko Nakao after recently meeting the country’s leaders in Kuala Lumpur.

Mr Nakao, who met Prime Minister Najib Abdul Razak and senior Malaysian officials, was in the country to attend the 19th meeting of finance ministers of the 10-member Association of Southeast Asian Nations (ASEAN). He also spoke on the region’s economic outlook and policy challenges in the inaugural year of the ASEAN Economic Community (AEC).