ID :
80541
Fri, 09/18/2009 - 13:41
Auther :

DEVELOPING NATIONS NEED TECHNOLOGY TRANSFER TO "GREEN" INDUSTRIES

KUALA LUMPUR, Sept 17 (Bernama) -- Developing nations need technology transfer to "green" the industries, says Deputy Minister of International Trade and Industry Mukhriz Mahathir.

While local innovations to green the industries would continue, Malaysia
would like to have access to the technology available worldwide to jump start
the process, he said.

"I've just returned from the International Conference on Green Industry in
Asia held in Manila where we discussed not only about Green Technology but more
importantly the Greening of Technology.

"The Green Industry (GI) involves not just the greening of industries but
also to create business enterprises in recycling, water treatment, waste water
and other related manufacturing equipment for GI," he told reporters after
opening the Corporate Social Responsibility (CSR) and Sustainability Summit 2009
hosted by the Asian Strategy and Leadership Institute (ASLI).

Mukhriz said while the awareness on CSR was gaining importance worldwide as
it had become a core value, the adoption rate was rather low in Malaysia.

He said the Malaysian government was constantly looking at ways to adapt and
adopt new CSR policies to create a comparative advantage for companies to export
their goods and services globally.

"We are pushing for more companies to take up CSR seriously as it is
becoming a business model. Malaysian companies are not quite there yet," he
said.

Asked on incentives to be provided by the government to drive the effort,
Mukhriz said the government was looking into ways to intensify the CSR
initiatives by the corporate sector.

He said Malaysia was also collaborating with the United Nations' agencies
like the United Nations Industrial Development Organisation (UNIDO) to green the
industries.

Last year, UNIDO provided grants worth US$4.2 million for five years to be
utilised by companies to improve their production facilities to reduce carbon
emissions and greenhouse gases.

Asked on steps taken by Malaysia towards the Green Industry, Mukhriz said
some companies are innovating in areas like waste water management and using
Light-Emitting Diode (LED) to reduce electricity consumption.

Citing an example, he said, the Malaysian Industrial Development Authority
(MIDA) had identified the solar industry as a sunrise industry, adding that the
commitment had attracted billions of ringgit in foreign direct investments.

It is understood that three companies -- First Solar (Kulim Hi-Tech
Park, Kedah), Q-Cells (Science Park, Selangor) and Sunpower (Rembia Industrial
Park, Melaka) -- had invested a billion ringgit to set up their operations.

"This shows that the Malaysian government has identified the green
technology as a focus area and has been successful in attracting the relevant
companies here," he said.
-- BERNAMA

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