Malaysia-Putrajaya and Cyberjaya will be the first green development areas or centres within the shortest time, the decision was reached during the inaugural National Green Technology Council meeting which looked into ways to lay the foundation for the development and promotion of green technology in Malaysia.
Prime Minister Datuk Seri Najib Abdul Razak in his speech when launching the Green Technology Financing Scheme (GTFS) after chairing the Green Technology Council meeting here today. Also present was Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui. This will encourage business investment in green technology, green construction and innovation. It will also encourage the inflow of much-needed foreign direct investment and support technology transfer and capacity building for local companies.
Only those who successfully master the usage and applications of green and sustainable energy will be the winners in the 21st century. The GTFS, amounting to RM1.5 billion, was introduced in the 2010 Budget to promote and support green technology development in Malaysia. It will provide soft loans to companies supplying and utilising green technology. Hence, sustainable business for organisations means not only providing products and services that satisfy the customer but also operating in a socially responsible manner without adversely affecting the environment.
Prime Minister Datuk Seri Najib Abdul Razak said the government was putting emphasis on high-potential sectors of growth – Islamic finance, biotech and high technology and advanced manufacturing processes along with green technology. Our most promising future will be in high-skill, high-value sectors. Green jobs and green innovation will be part of a dynamic, fast-growing economic landscape.
So another promising area for GREEN MALAYSIA.
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