KASA generates RM16.3b potential trade in Expo 2020 Dubai

by AUFA MARDHIAH/ pic by HUSSEIN SHAHARUDDIN

THE Ministry of Environment and Water Malaysia (KASA) generated RM16.33 billion in potential trade throughout its business programmes at the Expo 2020 Dubai.

Together with its agencies, the Malaysian Green Technology and Climate Change Corp and National Water Services Commission, the ministry conducted five trade and business programmes in efforts to promote sustainable solutions regarding environmental and water sectors.

KASA Minister Datuk Sri Tuan Ibrahim Tuan Man (picture) said today that the ministry wanted to provide opportunities for local industries to access global markets and forge international partnerships and investments which is in-line with KASA’s programme theme “Green Growth: Ready for Global Opportunities”.

“This will aid their economic recovery that was affected by Covid-19 as well as grow the green economy. There were also collaborations with various parties on government-to-government and government-to-business levels,” he said in a statement.

During the Expo 2020 Dubai, KASA hosted the Green Technology Innovation Week, Climate Resilience and Sustainable Infrastructure Week, Low Carbon Cities Week, Water Week and Circular Economy Week at the Malaysia Pavilion in efforts to promote global collaborations which extended to global sharing of ideas and solutions for a better, sustainable future.

In addition, the ministry and its agencies also hosted the Climate Change Conversation on Sustainable Infrastructure forum, the Climate Change Conversation on Sustainable Cities forum, forum on Water Demand Management Strategies and the Circular Economy Conference.

“KASA’s programmes at the expo are part of the ministry’s initiative to involve all stakeholders in our national climate change agenda. Industry and international cooperation are also crucial in our country’s aim to achieve net-zero emissions at the earliest in 2050, including through the sharing of knowledge and expertise,” he further added.

The programmes garnered participation from 72 companies to conjugate and engage with global partners, including from the United Arab Emirates (UAE).

The trade and investment leads were generated through the signing of 19 partnership documents with parties from various nations, as well as 246 business enquiries received during business matching sessions.

Moreover, the memoranda of understanding (MoU), memoranda of cooperation and letters of intent signed alone are valued at RM12.31 billion — among them were collaborations with the Netherlands on flood mitigation and with Australia on the subject of governance modelling between states, for responsibility of pollutants in rivers and water bodies.

On the other hand, collaboration with the UAE involves sewerage technology from Malaysia by Indah Water Konsortium Sdn Bhd which involves installation of sewerage networks to rationalise septic tanks to a central treatment plant. The installation will avoid groundwater pollutants, improve overall hygiene and provide efficient and modern sewerage treatment technology.

Other Malaysian companies that attained bargain at the Expo during KASA week included Intelligent Aqua Sdn Bhd, Potaglas Malaysia Sdn Bhd, Pipeco Tanks Sdn Bhd and PTS Tech Solution Sdn Bhd involving international collaborations and cooperation programmes, product research and development activities, as well as MoU.

Malaysia’s activities at the recently concluded expo included 26 weekly thematic trade and business programmes which were led and supported by five state governments, 21 ministries and 70 departments and agencies. The programmes highlighted over 10 industry verticals which were participated by a total of 400 companies.