PM Muhyiddin wants sustainable development of mineral industry, sees sector’s contribution to country’s GDP rising to RM29b by 2030Muhyiddin said the mineral industry’s contribution to the 2019 GDP was RM9.9 billion.
“Apart from that, the relevant agencies should also look into encouraging aspects, either financial or non-financial incentives, to support the development of a responsible and sustainable mineral industry,” he said when launching the National Mineral Industry Transformation Plan 2021-2030 here today.“The government is also hoping for strategic collaboration among the relevant quarters to transform the industry so that it would benefit the people’s wellbeing,” he said.
Therefore, he said the plan launched today was a new national agenda that will be the main source of reference for all stakeholders to ensure holistic development of the industry. “Technology for the future continues to depend on high mineral inputs, including in the manufacture of products to tackle climate change, such as solar panels, windmills, electric vehicles and energy storage,” he said.
Vision 2020 failed & Malaysia is back to mining for GDP growth. Sigh.
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