Anwar sure effective energy transition will make nation preferred green investment destination

Anwar sure effective energy transition will make nation preferred green investment destination

15 Jul 2024

Prime Minister Datuk Seri Anwar Ibrahim 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 as a preferred green investment destination.

Anwar, who chaired the National Investment Council Meeting today, said the council assessed and agreed on a plan to improve the country’s competitive position.

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

“The Madani government is very optimistic and believes Malaysia is capable of improving its competitive position and achieving sustainable economic growth for the well-being of its people,” he said on X today.

Anwar, also Finance Minister, added that several research findings related to the plan were discussed at today’s meeting, aimed at increasing green investment to make Malaysia a regional green investment hub.

He said this effort is crucial to achieving the net zero carbon emission target as early as 2050, as outlined in the National Energy Transition Roadmap and the New Industrial Master Plan 2030.

Source: Bernama