Malaysia proposes collaboration to promote green economy

• Nov 21, 2017

KUCHING, Nov 21: Prime Minister Datuk Seri Najib Tun Razak said it is timely for efforts to be stepped up by three countries, namely Indonesia, Brunei and Malaysia to enhance collaboration in promoting green economy, including green technology and wildlife conservation.

He said that Malaysia would help to facilitate further discussions on this proposal within the framework of an appropriate forum involving the countries concerned.

“I am confident that our collective efforts would be applauded domestically and by the international community,” he said in his keynote address at the official opening of the 13th World Islamic Economic Forum (WIEF) here today.

Najib said Malaysia strongly supported the notion of green economy being integral to the country’s development, and at the same time, recognising the need to preserve the sustainability of the environment for future generations.

“Disruptive change is coming and the countries cannot avoid it but instead embrace it,” he said.
The prime minister said Malaysia had formulated its own digital policy, aiming it would help contribute 20 per cent of the country’s gross domestic product by 2020, if not earlier.

“That is why we have recently become the first country in the world outside China to establish a Digital Free Trade Zone (DFTZ).

“This will provide physical and virtual zones to facilitate small and medium enterprises to capitalise on the exponential growth that we are seeing in the Internet economy and cross-border e-commerce,” he said.

Malaysia, he said, had risen to become one of the leading e-commerce markets, generating revenues of US$2.3 billion last year alone.

Najib expressed hope that Malaysia’s ultimate aim was for the DFTZ to help transform the country into a regional e-commerce hub.–Bernama

Source: http://www.themalaysiantimes.com.my/malaysia-proposes-collaboration-promote-green-economy/