Wiberg says Swedish firms are lending their expertise to Malaysia’s green transition by focusing on the sustainability agenda. – BernamapicTop Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise to the country’s green economy transition by focusing on the sustainability agenda.
He highlighted significant contributions by Swedish firms in Malaysia towards RE and innovative solutions, saying that sectors such as green energy and telecommunications offer further opportunities for Swedish investment in sustainable practices. Automotive giants Volvo and Scania, which have been operating in Malaysia since 1967, are also focusing on green mobility, producing electric and hybrid vehicles and promoting biofuels.
“DNB and Ericsson’s collaboration in rolling out one of the world’s best 5G networks in record time is incredibly impressive. I think a lot of governments are looking at the Malaysian model with great interest,” Wiberg said. To support Malaysia’s green goals, the Swedish Embassy and Business Sweden introduced the “Pioneer the Possible” platform in 2023, showcasing Swedish innovation in sustainable practices.
He noted that Malaysia has ambitious plans when it comes to digital and green transition, as evidenced by the National Energy Transition Roadmap, the New Industrial Master Plan 2030 and the Malaysia Digital Economy Blueprint.