Spurring the green economy and sustainable development - MIDA | Malaysian Investment Development Authority
contrastBtngrayscaleBtn oku-icon


plusBtn crossBtn minusBtn


This site
is mobile


Spurring the green economy and sustainable development

Spurring the green economy and sustainable development

27 Feb 2024

Empowering cities, electrifying mobility, decarbonising energy, accelerating circularity and conserving biodiversity will be some themes in the spotlight at the International Greentech and Eco Products Exhibition and Conference Malaysia (Igem) 2024, which will be happening from Oct 9 to 11 at the Kuala Lumpur Convention Centre. 

“We all realise the issue of climate urgency and the challenges that are in front of us. Often people are looking for solutions, what technologies are out there, and what is already scalable. When you have trade events such as [Igem], there’s an opportunity for people to look at the products and the services that are available in the market for people to utilise, whether it’s governments or corporations,” said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad at the soft launch of Igem 2024 on Monday.

Themed “Race Towards Net Zero: Regional Leadership for Climate Urgency”, Igem 2024 will target RM4.8 billion in business leads, 480 exhibitors, and 48,000 visitors from over 48 countries.

“We are also pushing the boundaries of our influence to develop Igem’s footprint in Europe, the Middle East and North Africa through industry-curated leadership roundtables, summits and congresses,” said Nik Nazmi. 

Igem 2024 will have dedicated industry zones for hydrogen and other carbon technologies, a central zone showcasing integrated partner innovations from global corporations, and a multi-venue future of electric mobility exhibition. 

Organised by the ministry and the Malaysian Green Technology and Climate Change Corporation, with the Malaysian Investment Development Authority (Mida) as a strategic partner, Igem 2024 will include the launch of the Malaysia Pavilion at the United Nations’ 29th Conference of the Parties.

“With the vast opportunities at Igem 2024, we strongly encourage industry associations and corporations to sign up as participants today. On behalf of the ministry, I hope for cooperation from the ministries and state governments to participate and showcase the green initiatives to a broader audience,” added Nik Nazmi. 

Over the past 14 years, Igem has had a track record of RM53.1 billion in business leads, more than 4,000 exhibitors, and over 600,000 visitors from 122 countries. 

Furthermore, Mida has received six green investment projects with an accumulative proposed investment of RM1.4 billion from the leads at Igem 2023. Mida has also been instrumental in highlighting the investment opportunities within the green technology sector, contributing to potential investment leads worth RM5.8 billion, according to the agency.

Source: The Edge Malaysia