KUALA LUMPUR, Oct. 22 (Xinhua) — The Malaysian Investment Development Authority (MIDA) has secured a 7.3 billion ringgit (1.73 billion U.S. dollars) potential green investment at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2025, positioning Malaysia as Southeast Asia’s clean energy hub.

The MIDA said in a statement that the proposed green technology investments represent the beginning of Malaysia’s green economic transformation, and with data centers seeking sustainable power solutions, manufacturers requiring clean energy for environmental, social, and governance (ESG) compliance, and global corporations establishing regional green hubs, Malaysia is poised to become the premier hub of green energy.

“The MADANI Economy Framework, the New Industrial Master Plan 2030, the National Energy Transition Roadmap, and the Green Investment Strategy, they’re Malaysia’s blueprint for capturing the 1 trillion USD Asian green economy,” said Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA’s chief executive officer.

“The 7.3 billion ringgit potential green investment we’ve generated demonstrates that global capital recognizes what we’re building: a sustainable industrial ecosystem that creates value for investors while delivering prosperity for all Malaysians. This is how we turn net-zero ambitions into net-positive growth,” he added.

Source: Malaysia News