With a million tonnes of plastic thrown away each year, Malaysia loses RM4bil in recycling revenue

PETALING JAYA: The country's economy loses an estimated US$1bil (RM4.12bil) a year because about 75% of plastic waste does not end up being recycled, according to a report by the World Bank.

The report said Malaysia recycled just 24% of key plastic resins in 2019, while about 1.07mil tonnes of plastics are discarded instead of being recycled into valuable materials.