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Government to Ensure Green Investment Strategy Will Boost National Economy

KUALA LUMPUR: The government will ensure that the green investment strategy will boost the national economy, said Investment Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz in response to matters discussed during the monthly meeting of the National Investment Council (NIC) chaired by Prime Minister Datuk Seri Anwar Ibrahim.

“At the same time, we will ensure that we meet the targets lined out in the National Energy Transition Plan and the New Industrial Master Plan (NIMP) 2030,” Tengku Zafrul said.

He also mentioned that the focus of the green investment strategy is to make Malaysia the first green investment destination in the region, as some sectors have great potential.

Meanwhile, Anwar said the implementation of a more effective, organised and systematic energy transition and green investment is needed to elevate Malaysia’s image, reputation and attractiveness.

“Consequently, this effort is expected to enhance Malaysia’s ranking in the World Competitiveness Index report published by the Institute for Management Development.

“The MADANI government is very optimistic and believes that Malaysia is capable of improving its competitive position and achieving sustainable economic growth for the well-being of its people,” Anwar said in a post on X.

Being the Finance Minister, Anwar added that several research findings related to the strategic plan were discussed at the meeting, aimed at increasing green investments in line with the focus of making Malaysia a green investment destination and hub in the region.

He added that this effort is crucial to achieving the net zero carbon emission target as early as 2050.

— BERNAMA

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