Greentech, Felda sign MoU to build waste management plant in Johor

KUALA LUMPUR: Greentech Axis Bhd and the Federal Land Development Authority (Felda) have signed a memorandum of understanding (MoU) to develop an integrated waste management plant.

Deputy Finance Minister I Datuk Seri Ahmad Maslan witnessed the MoU signing event.

Greentech, in a statement today, said the initiative is the company's commitment to the United Nations’ environmental, social and governance (ESG) sustainable development goals.

The pilot project will be implemented in one of the Felda schemes in Johor and it will be the first integrated method undertaken by Greentech to deal sustainably with issues related to solid waste and wastewater management.

The facility will be able to reduce greenhouse gas emissions via an effective waste separation system to further fight climate change, Greentech said. - Bernama

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Bursa to wrap results period on a flat note
SC says will not hesitate to take criminal action against 'bad actors' in capital markets
China's factory activity contracts for second month in November
Ringgit opens lower against US$ in early trade
Bursa remains caught in consolidation
Visa-free agreements set to propel air passenger traffic growth
Sedania forges ahead with Islamic fintech ambitions
Trading ideas: Public Bank, Axiata, Cahya Mata, Berjaya Corp, Mega First, QL Resources, Sarawak Oil Palm, PPB, FGV, Supermax and Pharmaniaga
Allianz Malaysia’s affordable insurance in line with government’s Rahmah Insurance initiative
China’s Nio teams up with Geely on battery swapping

Others Also Read