KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said the implementation of a more effective, organised, and systematic energy transition and green investment is needed to elevate Malaysia's image, reputation, and attractiveness as a preferred green investment destination.

Anwar who chaired the National Investment Council Meeting (MPN) No. 5/2024 today said the meeting also assessed and agreed on an action plan to improve the country's competitive position.

"Consequently, this effort is expected to enhance Malaysia's ranking in the World Competitiveness Index report published by the Institute for Management Development.

"The Madani Government is very optimistic and and believes that Malaysia is capable of improving its competitive position and achieving sustainable economic growth for the well-being of its people," he said in a post on X yesterday.

Anwar, who is also the Finance Minister, added that several research findings related to the strategic plan were discussed at today's meeting, aimed at increasing green investments in line with the focus of making Malaysia a green investment destination and hub in the region.

He added that this effort is crucial to achieving the net zero carbon emission target as early as 2050, as outlined in the National Energy Transition Roadmap (NETR) and the New Industrial Master Plan 2030 (NIMP 2030). - BERNAMA

https://www.nst.com.my/news/nation/2024/07/1077052/pm-calls-effective-implementation-make malaysia-preferred-green