KUALA LUMPUR, Jan 26 (Bernama) — The Malaysian Investment Development Authority (MIDA) is targeting RM2 billion in business leads through the 12th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2021) this year, up from the RM1.6 billion recorded for IGEM 2020.
MIDA chief executive officer Datuk Azman Mahmud said this was supported by the 200 exhibitor booths and over 10,000 visitors from 20 countries anticipated for this year.
“We are indeed proud that the targeted RM1.6 billion business leads for IGEM 2020 have been reinforced with a new projection of RM3.08 billion investment in renewable energy (RE), energy efficiency, solar leasing, integrated waste management, green building and manufacturing sectors,” he said during a virtual press conference to announce the performance of the 11th IGEM held here in October 2020.
Azman noted that the RE segment for waste management had gained highest investment leads of RM1.75 billion (57 per cent), followed by RM814 million (26 per cent) interest in RE for mini hydro.
