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EPP 4: Jump-starting a Vibrant Green Technology Industry

  • GNI by 2020 (mil)
    RM7,236.3
  • Projected jobs by 2020
    47,590

EPP 4.0 - Jump-starting a Vibrant Green Technology Industry

This EPP focuses on raising Malaysia’s profile as an Asian green technology hub and increasing local industry capabilities. To spur the local industry, the Ministry of Energy, Green Technology and Water (KeTTHA) was established in 2009 and the Green Technology Council was created and is chaired by the Prime Minister.


Highlights


  • Investments in the industry reached RM2.59 billion in 2014, surpassing the target of RM2 billion.
  • 45 projects worth RM438 million were approved under the Green Tech Financing Scheme in 2014. The total value of project approvals since 2010 has reached RM2.02 billion.
  • In 2014, 1Progres Consortium signed an MoU with the Kedah State Government to implement a waste alternative recovery system in five towns through the creation of a community-led recycling ecosystem.
  • The Green Technology Master Plan was introduced in 2014, setting in place the strategies needed to reduce Malaysia's carbon emission intensity by 40% and grow the green technology industry with a target contribution of RM70 billion to the country's GDP by 2030.
2015/08/06
EPP Champions

Status:
Operational
Economic Transformation Programme
The ETP Transformation Story
The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020.
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