UEM Lestra sets aside RM1.5bil to green industrial parks

Free Malaysia Today

The funds are part of UEM Group’s agenda to attract investments from businesses hungry for zero-emission operations, says UEM Group managing director Amran Hafiz Affifudin.  Read More: https://www.freemalaysiatoday.com/category/nation/2024/08/14/uem-lestra-sets-aside-rm1-5bil-to-green-industrial-parks/  Laporan Lanjut:   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNEws #FMTBusiness #UEM

Transcript

00:00UEM Lestra Berhad, a wholly owned green industry arm of UEM Group Berhad, has set aside 1.5

00:10billion ringgit to help finance the cost of decarbonising Malaysia's industrial parks.

00:16UEM Group Managing Director Amran Hafiz Afifuddin said this is part of the group's agenda to

00:23spur domestic and foreign direct investments, which will lead to job creation and position

00:29Malaysia as a global player. Amran, who is also UEM Lestra's chairman, pointed out that

00:36investors are now keen on zero-emission operations. He said the group is exploring avenues to

00:42set up new sustainable industrial parks and decarbonise existing ones by upgrading current

00:48infrastructure. This could involve integrating renewable energy sources and implementing

00:54other advanced energy management systems and technologies to optimise consumption patterns,

01:00he added. UEM Group also noted that plans for a new renewable energy industrial park are already

01:07in progress, with UEM Lestra having announced in July 2023 that it is leading the development

01:13of a one-gigawatt hybrid solar photovoltaic power plant integrated with an RE industrial

01:20park in the country.

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