Tuesday, January 26, 2010

Green Technology Financing Scheme

" Who able to adopt GREEN TECHNOLOGY will be the winner in the 21st century "

Above is the important phase by Prime Minister Datuk Seri Najib Tun Razak during his attendance to the "Green Technology Financing Scheme (GTFS)" official Ceremony this evening at Hotel Marriot, Putrajaya.
In the budget speech for 2010, Datuk Seri Najib Tun Razak, the Prime Minister of Malaysia announced the establishment of Green Technology Financing Scheme amounting to RM1.5 billion as an effort to improve the supply and Utilization of Green Technology . The Scheme could benefit companies who are producers and users of green technology.

The Prime Minister Said the fund was aimed at encouraging investment in green technology, green construction and innovation, adding the scheme would also encourage much needed foreign direct-investment and would support technology transfer and capacity building for local companies.
Below are the major improvement key areas as highlighted by Prime Minister:

1. Energy Sector
2. Buildings and Township Sector
3. Water and waste Management Sector
4. Transportation Sector

Najib Said, Malaysia was committed to playing its role in addressing climate change issues, including setting a carbon reduction goal of 40% by 2020 while investing in green technology, adding that the investments would allow the Government to build a progreesive and low carbon economy.

"These are ambitious plans for an ambitious nation. We must all play our roles - government and private sector alike.

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