Here’s the weekly news on Malaysia’s commitment to ASEAN’s sustainable development as it prepares for Asean chairmanship, Tesla boosting Malaysia’s green technology sector, and the aerospace industry’s potential.
Malaysia dedicated to Asean sustainable development agenda — PM Anwar
KUALA LUMPUR, Aug 24 — Malaysia is focused on advancing sustainable development in the region, especially as it prepares to assume the Asean chairmanship next year, said Prime Minister Anwar Ibrahim.
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He highlighted Petronas’ key role as a catalyst to accelerate the country’s transition to net zero and Malaysia remains committed to supporting the national oil and gas company in forging strategic partnerships worldwide.
“I believe that all Malaysians are proud of Petronas’ achievements which continue to be one of the main topics in bilateral discussions between me and world leaders,” Anwar said in a post on X (formerly Twitter) today.
Since its establishment, Petronas has fulfilled its mandate in balancing business interests and contribution to national development through the trust and close support of stakeholders and business partners from all over the world, said the prime minister.
“The highest appreciation goes to the leadership and staff of Petronas who are not only the backbone of Malaysia’s economic strength, but also the nation’s pride for having maintained the principles of good governance and order throughout the company’s 50 years of glorious history,” he said.
— Bernama
Tesla has invested nearly RM60m in Malaysia, to further country’s green tech drive – Tengku Datuk Seri Zafrul
KUALA LUMPUR (Aug 22): Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the collaboration with electric vehicle (EV) manufacturer Tesla is expected to drive Malaysia to be the main green technology hub in the region.
In a discussion with Tesla Malaysia’s delegation on Thursday, the minister said Tesla has reiterated its support for the local ecosystem by involving nine Malaysian companies in developing EV charging infrastructure. It will also collaborate with local higher education institutions for knowledge transfer and human capital development.
“May this joint effort continue to grow, bringing great benefits to our country’s economy, technology, and sustainable energy,” he said on his social media after discussions with the delegation.
Zafrul said Thursday’s discussion focused on the progress and implementation of the Global Battery Electric Vehicle (BEV) AP Scheme.
Until the end of July 2024, Tesla has successfully installed 52 units of Supercharger chargers with a capacity of 250KW, 54 units of Wall Connector AC chargers and more than 4,500 units of home chargers in Peninsular Malaysia.
With investment reaching US$13.5 million (RM59.06 million), Tesla has shown a strong commitment to the development of EV charging infrastructure in Malaysia.
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Malaysia can champion sustainable practices via aerospace industry — LiewChin Tong
KUALA LUMPUR: Malaysia could champion sustainable practices by leveraging its strength in the aerospace industry through regional collaboration across ASEAN, said Deputy Minister of Investment, Trade and Industry (MITI) Liew Chin Tong.
He said sustainability is important in the aerospace industry as it adapts to global demands for greener practices, adding that trends like sustainable aviation fuels, electrification, and carbon-neutral technologies are shaping the future of flight.
“Malaysia has a unique opportunity to lead the region in these advancements when we assume the ASEAN Chairmanship in 2025.
“By leveraging our strength, we can champion sustainable practices, foster regional collaboration, and accelerate the adoption of green technologies across ASEAN,” he said in his speech at the launch of Malaysia Aerospace Summit 2024 (MyAERO ‘24), here today.
Liew said Malaysia should not only adopt technology but also strive to become an innovator in the industry.
He noted that the aerospace industry can be constrained by the fact that there are ultimately only a few global players making most of the planes, and industries in Malaysia — a relatively small country — are vertically linked to the global giants as suppliers.
“But that must not stop the Malaysian aerospace industry from horizontally linking with other industries in Malaysia such as the semiconductor industry or those involved in developing materials, specialty chemicals, or critical minerals,
“There is also much potential to connect the palm oil industry to develop the sustainable aviation fuel industry,” he said.
Liew added that through these horizontal linkages, Malaysia could innovate and create new products, processes or materials with Malaysian intellectual property.
“Malaysia does not just want to be a manufacturing hub, we aspire to be a nation that creates,” he added.
– TheSun
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Last updated: 26 Aug 2024
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