Deputy International Trade and Industry Minister Liew Chin Tong.
KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) will work to attract more investments to ensure the country’s green transition can be implemented on a larger scale.
Its Deputy Minister Liew Chin Tong said the move reflects Miti’s more comprehensive approach, which does not rely solely on incentives or tax exemptions in driving aspirations towards a green transition.
“If we only rely on incentives and tax breaks, it won’t have a wider impact... but by focusing more on investment, the green transition can happen on a larger scale.
“At the same time, Miti will also provide an annual green investment strategy report,” he said in the Dewan Negara yesterday. — Bernama
