Malaysia hired McKinsey to help it develop the startup ecosystem. Waste of money?

I read in the Australian Financial Review that the Malaysian government has engaged consulting firm McKinsey & Company to advise on the best approach to grow tech entrepreneurship in the country and create something “better than Silicon Valley.”

From what I’ve seen, the move appears to be already drawing the heckles from some people in the startup community. Some see it as a way for the government to pin the blame on someone should the plan fail. Others question what value McK can bring to the table given Malaysia already has MaGIC, and yet others say that you can’t build innovation with consultants.

It reminds me of some stuff I read about management consultants recently, that they’re just there to tell their clients what they want to hear. Then again, I’m not a consultant, nor do I have deep knowledge about the inner workings of the Malaysian government. So what do I know, right?

Any thoughts, guys?