Malaysia and Sweden have inked a collaboration agreement on green transition which is intended to intensify collaborations, promotion and innovation for sustainable technology solutions. The Memorandum of Understanding (MOU) was signed by Malaysian Green Technology and Climate Change (MGTC), a government agency mandated to drive Malaysia’s Green Growth policies, and Business Sweden, the Nordic country’s export promotion agency.
Sweden trade commissioner to Malaysia Emma Broms highlighted that Business Sweden launched Pioneer the Possible platform in March 2023, gathering Swedish companies, influential Malaysian organizations and government representatives who are actively involved in green transition and policy shaping. The sustainability platform encourages collaboration, promotion and innovation within the green energy transition, with a focus on three themes – green mobility and transport, green production, and sustainable urban development.
Six Swedish companies participating in the program are IKEA, Monitor ERP, Volvo Cars, Volvo Trucks, Atlas Copco and Axis Communications. The platform aims to provide a platform for both Swedish and Malaysian businesses as well as stakeholders to come together to share knowledge and best practices to accelerate the green transition. There will also be an opportunity for Swedish companies that are not yet on-site in Malaysia to join a delegation with a primary focus on waste and water management.
(Sources: News Straits Times; MGTC)