Latest news with #NewIndustrialMasterPlan
The Sun
5 days ago
- Business
- The Sun
Mosti: National Technology Investment Framework in the works
KUALA LUMPUR: The government is developing a National Technology Investment Framework to tap into growing investor interest in the green economy and to position Malaysia as a key player in sustainable, future-focused sectors. Ministry of Science, Technology and Innovation (Mosti) deputy secretary-general (technology development) Datuk Dr Mohd Nor Azman Hassan said a major challenge lies in convincing investors that Malaysia has the capabilities, resources, and long-term vision to support and sustain green investments. 'While we are rich in natural resources, many of them are still in the development phase. This means we must present a compelling and credible roadmap to demonstrate our readiness,' he said during a panel discussion at the National Economic Forum 2025 (NEF 2025) today. He was speaking in a session focused on attracting investments into Malaysia's emerging economic sectors, especially in areas aligned with global trends such as artificial intelligence and clean energy. 'We believe that with clear and consistent steps, Malaysia can rise to the occasion and become a preferred destination for strategic, long-term investments,' he said. Mohd Nor Azman stressed the importance of demonstrating leadership in sustainability as the world shifts towards greener development. He said Malaysia must show that it is not just keeping pace with global trends but actively leading in areas such as responsible mining and the sustainable use of biodiversity and bio-based resources – sectors where the country holds an international comparative advantage. Using rare earth elements as an example, he explained that these materials are crucial in technologies such as electric vehicles and clean energy systems. However, the challenge is to ensure that the development of these resources is truly sustainable, not only in policy but also in execution. Malaysia, Mohd Nor Azman said, has already made strong global commitments. 'For instance, we've pledged to achieve net-zero emissions by 2050, which anchors our national sustainability agenda. We've also aligned ourselves with international frameworks and developed national strategies like the New Industrial Master Plan and the National Energy Transition Roadmap.' He added that Malaysia is actively collaborating with global partners to ensure that its sustainability efforts remain credible, transparent, and impactful. 'Collaboration remains key. We are not doing this alone,' he emphasised. Through strategic frameworks, global partnerships, and a strong national commitment to sustainability, the country aims to build investor confidence and position itself at the forefront of the global green economy, Mohd Nor Azman said.
The Sun
6 days ago
- Business
- The Sun
Juwai IQI: Malaysia set to receive Chinese investment inflow of at least RM30b this year
KUALA LUMPUR: Juwai IQI expects Malaysia to see Chinese investment inflow of at least RM30 billion this year, with battery and solar component plants accounting for a larger share. Juwai IQI co-founder and group chief executive officer Kashif Ansari said 2024 was the second-biggest gain ever in terms of Chinese capital, with RM31 billion finding its way to Malaysia. 'Total investment in 2024 was more than double that of 2023 and the most since 2015. Looking ahead, we expect at least RM30 billion in Chinese investment this year,' he said in a statement today. He said that Malaysia's economy is riding a wave of foreign inflows, and China and Hong Kong continue to be the largest sources. 'Malaysia is proving once again that it is a key Asian economy. We benefit greatly from being part of Asean and from having a big economy like China in our neighbourhood,' he said. Kashif also noted that the Johor-Singapore Special Economic Zone (SEZ) is a big winner, with Johor being the destination for large-scale industrial and logistics projects. 'The SEZ is a major point of interest for our corporate clients in China, especially manufacturers,' he said. With Malaysia's New Industrial Master Plan targeting high-value manufacturing and green growth, investor interest is expected to sustain in 2025, especially in renewable energy and advanced electronics. 'The government is offering deep tax breaks, quick licensing, and sector blueprints. That's why we expect another year of at least RM30 billion in Chinese investment,' he added. – Bernama
Barnama
6 days ago
- Business
- Barnama
Juwai IQI Projects Chinese Investment To Be Around RM30 Bln For 2025
BUSINESS KUALA LUMPUR, July 16 (Bernama) -- Juwai IQI expects Malaysia to see Chinese investment inflow of at least RM30 billion this year, with battery and solar component plants accounting for a larger share. Juwai IQI co-founder and group chief executive officer Kashif Ansari said 2024 was the second-biggest gain ever in terms of Chinese capital, with RM31 billion finding its way to Malaysia. 'Total investment in 2024 was more than double that of 2023 and the most since 2015. Looking ahead, we expect at least RM30 billion in Chinese investment this year,' he said in a statement today. He said that Malaysia's economy is riding a wave of foreign inflows, and China and Hong Kong continue to be the largest sources. 'Malaysia is proving once again that it is a key Asian economy. We benefit greatly from being part of ASEAN and from having a big economy like China in our neighbourhood,' he said. Kashif also noted that the Johor-Singapore Special Economic Zone (SEZ) is a big winner, with Johor being the destination for large-scale industrial and logistics projects. 'The SEZ is a major point of interest for our corporate clients in China, especially manufacturers,' he said. With Malaysia's New Industrial Master Plan targeting high-value manufacturing and green growth, investor interest is expected to sustain in 2025, especially in renewable energy and advanced electronics. 'The government is offering deep tax breaks, quick licensing, and sector blueprints. That's why we expect another year of at least RM30 billion in Chinese investment,' he added.
The Star
26-06-2025
- Business
- The Star
Gas Malaysia and Levidian ink MoU to drive graphene production in Malaysia
SHAH ALAM: Gas Malaysia Bhd, a member of MMC Group, recently signed a Memorandum of Understanding (MoU) with leading British climate technology company Levidian to explore the deployment of the company's patented LOOP technology in Malaysia and the wider region. This strategic collaboration aligns with Gas Malaysia's long-term growth strategy and underscores its commitment to sustainability, innovation and delivering cleaner energy solutions. Levidian's LOOP decarbonisation device is a modular system that cracks methane to produce clean hydrogen and capture carbon in the form of high-quality graphene, a supermaterial with growing commercial relevance in industries such as automotive, batteries, paint and coatings, construction and advanced materials, to name a few. Under the terms of the MOU, both parties will collaborate on the deployment of a LOOP unit in Malaysia that will serve as a reference installation for further expansion toward broader regional commercialisation. Signing the MoU on behalf of Gas Malaysia was president and group chief executive officer Ahmad Hashimi Abdul Manap, accompanied by senior vice president (corporate strategy) Akbar Md Thayoob, as witness. Levidian was represented by its chief executive officer John Hartley, with commercial development director Ellie Galanis, as witness. Ahmad Hashimi said, 'We are pleased to partner with Levidian as it marks a significant step forward in our decarbonisation journey and pursuit of a sustainable future. 'By leveraging transformative technologies like LOOP, we aim to enhance the value of natural gas, diversify our revenue streams and reinforce our ESG agenda in support of Malaysia's energy transition.' He said, 'Our venture into high-quality graphene aligns well with the goals of Malaysia's New Industrial Master Plan (NIMP) 2030. 'Notably, graphene has been identified as one of four game-changing advanced materials under the National Advanced Materials Technology Roadmap 2021-2030, with the potential to transform the manufacturing sector. 'Building on Gas Malaysia's strong presence in supplying natural gas to industrial customers, we are committed to elevating our value-added offerings with the introduction of graphene application across multiple industrial sectors.' This strategic initiative is anchored on Gas Malaysia's GM32 Strategy, a 10-year roadmap aimed at strengthening its core business, exploring adjacencies along the gas value chain and diversifying into cleaner energy solutions. Hartley said, 'This MoU lays the foundation for an impactful collaboration, delivering both economic and environmental value through innovation. 'We are proud to partner with Gas Malaysia in bringing LOOP to South-East Asia, supporting both the region's decarbonisation goals and wider adoption of graphene as we continue on our journey to become one of the world's largest producers of high-quality, more sustainable graphene.' 'By aligning innovation with sustainability, we aspire to add value for our customers while contributing meaningfully to the nation's industrial transformation and low-carbon future,' Ahmad Hashimi added.
Daily Express
25-06-2025
- Business
- Daily Express
Gas Malaysia signs MoU to bring British clean tech to Southeast Asia
Published on: Wednesday, June 25, 2025 Published on: Wed, Jun 25, 2025 Text Size: SHAH ALAM: Gas Malaysia has teamed up with UK-based Levidian to explore the rollout of its methane-cracking Loop technology in deal was inked to support Gas Malaysia's clean energy goals and drive regional adoption of decarbonisation tech. Loop turns methane into clean hydrogen and captures carbon as graphene, a 'supermaterial' used in everything from batteries to construction. A pilot unit will be deployed in Malaysia as a testbed before potential expansion across Southeast Asia. Gas Malaysia CEO Ahmad Hashimi Abdul Manap said the partnership bolsters the company's ESG strategy and taps into new revenue streams. He added that the move into graphene aligns with Malaysia's New Industrial Master Plan and advanced materials roadmap. Advertisement Levidian CEO John Hartley said the collaboration aims to deliver environmental and economic value while scaling sustainable graphene production. The project forms part of Gas Malaysia's GM32 roadmap to strengthen its gas business and diversify into cleaner solutions. Both parties expressed confidence in Loop's commercial potential and its role in Malaysia's energy transition. The signing ceremony was witnessed by senior representatives from both companies at a recent event in Shah Alam. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
