Is Malaysia competitive?

Dato,  After reading this, >> Much is being done to make sure M'sia can compete with the best on the world  I got a headache.. to a simple retired man with limited thinking facility, I find it very confusing, when we keep on harping on making Malaysia competitive, but at the same time, we seem to be opening our "floodgates" to cheap under-skilled and underpaid foreign labour, in plantations,in construction, in restaurants, in semi conductor factories, even in the 'Security' industry. How can we call ourselves competitive, when we depend on foreign labour, who, on top of grabbing our jobs, destroying our environment, using up our potable water and living space, also send the BULK of their earnings back to their motherlands.. Pray tell me, does this make Malaysia competitive??

We should bravely dive into the renewable energy solar cell sector, using every roof to generate RE, create thousands of new jobs, partner with China to lower the Solar cell cost. We should massively modernise the agricultural sector and its downstream activities, thus enabling the poor farming and fishing sectors. etc.. Instead, we import Nepalese guards, Vietnamese for Semi Con factories, Myanmars for restaurants, where is this going to end.
I am tired of reading all transformation stuff, when it doesn't translate into tangible results, except enriching the same few BIG tycoons... Am I wrong???