Building Investment (March-April 2022)

NEWS & EVENTS
IGEM 2021 event generated RM4.6 billion
in business leads
A total of RM4.6 billion in business leads was generated at IGEM 2021. Datuk Mansor Othman, Deputy Minister of Environment and Water, addressing the
media during a briefing. On his left is MGTC’s CEO, Shamsul Bahar Mohd Nor and on his right is MIDA’s CEO, Datuk Arham Abdul Rahman.
Several trade and government agencies, including the Ministry of
Environment and Water (KASA), the Malaysian Green Technology
and Climate Change Corporation (MGTC), Malaysian Investment
Development Authority (MIDA), and the Malaysia External Trade
Development Corporation (MATRADE), recorded cumulative
business leads worth RM4.6 billion through Memorandum of
Understandings and Memorandum of Cooperation agreements
at the 12th International Greentech & Eco Products Exhibition &
Conference Malaysia (IGEM 2021), held virtually over six months
from July to end December last year.
Themed “Redefining Sustainability”, IGEM 2021 focused on
delivering sustainable economic and social well-being in a planetfriendly
manner. The trade event achieved commendable results,
recording over 15,000 policy makers, entrepreneurs, industry
experts and other delegates, from over 50 countries, who explored
the 195 booths and participated in the 144 conference sessions.
IGEM 2021’s virtual booths yielded a total of 71 project leads with
potential investment value of RM2.5 billion in various activities.
Speaking at a briefing held on 22 February 2022, KASA
Minister Dato’ Sri Tuan Ibrahim Tuan Man said, “KASA is very much
committed to enhancing the action of addressing climate change.
This effort was disclosed in the country’s statement in conjunction
with the COP26 conference held in Glasgow, United Kingdom in
November 2021.”
“In addition to delivering commendable results, the ventures
signed at IGEM 2021 cover future-ready sectors such as hydrogen,
electric vehicles and low carbon cities. These sectors strongly
support the government’s sustainable economy agenda while also
ensuring the creation of long-term employment opportunities for
Malaysians,” he added.
In line with efforts to transition to an endemic phase in the
national Covid-19 mitigation strategy, the minister also announced
that the upcoming IGEM 2022 would take on a hybrid format
with the virtual event held in September followed by the physical
exhibition to be held from October 12 to 14.
IGEM 2022 has set targets of RM3 billion in business leads and
30,000 visitors. It will feature 300 exhibitor booths, both online
and across three exhibition halls at the Kuala Lumpur Convention
Centre. IGEM 2022 will be a key focus among stakeholders in the
implementation and coordination of more effective strategies on
climate change in the country.
MGTC’s CEO, Shamsul Bahar Mohd Nor said, “With the success
of IGEM 2021, I am confident that the upcoming IGEM will once
again surface new opportunities for greater deployment of green
and sustainable technologies in the regional post-Covid economic
recovery, enhancing climate change mitigation and fast-tracking
the roll-out of climate change adaptation technologies and
strategies.”
For more information on the next IGEM event, visit www.igem.my.
6 March-April 2022 | www.b-i.biz