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Green Services
Green service providers assume an important role in facilitating the uptake of green technology. There are lots of untapped opportunities for services related to renewable energy (RE); energy efficiency; electric vehicles (EV) support services such as services for EV charging stations, operation of EV charging stations and maintenance, repair and overhaul of EV; green buildings; green data centres; green certification and verification, and green townships.
Placing green growth at the forefront of the Twelfth Malaysia Plan 2021-2025 (12MP), the Government is using a whole-of-nation approach to advance the local green economy. Malaysia is committed to becoming a net-zero emission nation by 2050.
Additionally, the extension of Green Investment Tax Allowance for the purchase of green technology assets and Green Income Tax Exemption on the use of green technology services until 2023 and the ITE to increase participation in the Net Energy Metering Scheme (NEM) introduced by the Sustainable Energy Development Authority (SEDA) are still in motion.