GreenTech Malaysia sees RM2.9bil investment

Hadri said the corporation also expected to support 140 projects by the year-end under the GTFS to further accelerate the promotion of green technology as Malaysia

KUALA LUMPUR: Malaysian Green Technology Corp (GreenTech Malaysia) expects RM2.9bil in green investment to be generated through projects supported under the green technology financing scheme (GTFS).

Chief executive officer Ahmad Hadri Haris said that since the introduction of the GTFS in 2010, the scheme had supported 108 projects and secured loans of RM1.5bil from 22 financial institutions.