By Digital News Asia December 23, 2024Investment to develop biomethane plants in Malaysia’s North & East Coast
VentureTech’s investment will facilitate the development of new biomethane plants in Malaysia’s northern and east coast regions. Additionally, it will enable the execution of a biomethane project in partnership with a prominent oil and gas player, scheduled to commence in 2025. These efforts are expected to contribute significantly to Malaysia’s renewable energy goals, foster sustainable growth, and strengthen the nation’s commitment to reducing carbon emissions.
Building on its successful collaborations with prominent clients such as Gas Malaysia, MTC Orec is currently expanding its operations with four additional bioenergy plants under development across Johor and the northern region of Peninsular Malaysia. These projects are instrumental in addressing critical environmental challenges, including waste management and greenhouse gas emissions, while contributing to economic opportunities for local communities.
“Through this partnership, we are fostering the creation of high-value jobs and nurturing engineering expertise, particularly in rural and underserved areas. MTC Orec’s innovative projects align with Malaysia’s aspirations for sustainable and inclusive growth, driving positive societal and economic transformation,” he added.