Tengku Zafrul: Asean should focus on high-impact 'quick wins' to provide tangible business values

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Zafrul Abdul Aziz News

ASEAN,Malaysia,AEC Council Meeting

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Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.— MUHAMAD SHAHRIL ROSLI/The Star

He said the plan should be anchored by, among others, sustainable growth, advanced technologies, inclusivity and responsiveness to emerging opportunities. Moreover, Tengku Zafrul said ASEAN must establish a robust monitoring and evaluation framework to help the grouping track its progress against its goals, using key performance indicators to measure success and always being prepared to mitigate uncertainties.

In this regard, he said Malaysia looks forward to the finalisation of the remaining 29 per cent, to enable the successful delivery of the AEC Strategic Plan 2026-2030, in line with the ASEAN Community Vision 2045, in May 2025. On the circular economy, Tengku Zafrul said Malaysia notes the progress of the 67 cross-sectoral initiatives and the three significant initiatives identified in the Implementation Plan in accelerating ASEAN’s transition to a circular economy to achieve a resilient economy, resource efficiency, as well as inclusive growth.

"It is paramount for ASEAN to attract investment in renewable energy, energy efficiency or other clean, low-carbon technologies,” he noted.

 

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