Malaysia has approved RM4.9 billion in green technology projects, mainly in renewable energy and energy efficiency, creating 1,500 jobs. Minister Tengku Zafrul highlighted the ministry's push for ESG-based investments through MIDA and the development of an i-ESG framework for the manufacturing sector. Incentives like Green Investment Tax Allowance and Green Income Tax Exemption support sustainable projects, aligned with Malaysia’s goal to achieve net-zero GHG emissions by 2050.TENGKU ZAFRUL: RM4.9B GREEN TECH PROJECTS GOT GREEN LIGHT
Malaysia has approved RM4.9 billion in green technology projects, mainly in renewable energy and energy efficiency, creating 1,500 jobs. Minister Tengku Zafrul highlighted the ministry's push for ESG-based investments through MIDA and the development of an i-ESG framework for the manufacturing sector. Incentives like Green Investment Tax Allowance and Green Income Tax Exemption support sustainable projects, aligned with Malaysia’s goal to achieve net-zero GHG emissions by 2050.


