KUALA LUMPUR (31 May): Major Japanese companies are in talks with Petroliam Nasional Bhd (Petronas) for the development of green technologies in Malaysia, according to Chief Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali.
A study is underway and it is a good effort for the country to reach its goal of net zero emissions as early as 2050, he said.
“We will continue (in this effort) and we have also asked the Japanese to continue the collaboration,” he told reporters at the Aidilfitri 2022 meeting of the Ministry of International Trade and Industry (MITI) on Tuesday 31 may.
Azmin considered MITI’s efforts to attract more investment a success in terms of helping to create high-quality jobs as well as introducing new technologies to enable small and medium-sized entrepreneurs to be more active in increasing productivity.
He also said the Look East policy has improved Malaysia’s socio-economic position since its introduction 40 years ago, but today’s challenges are different.
“We are currently focusing on environmental, sustainability and green technology issues, which are at the heart of Malaysia’s 12th plan,” he said.
Recently, Malaysia and Japan agreed to take their bilateral relations to a more comprehensive level while pursuing the Look East policy by establishing new areas of cooperation such as energy, smart city, environment and climate change. .
Prime Minister Datuk Seri Ismail Sabri Yaakob, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, Defense Minister Datuk Seri Hishammuddin Tun Hussein and MITI Deputy Minister Datuk Lim Ban Hong also attended Tuesday’s event. .