Water sector transformation to drive employment, foreign investment in Malaysia

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Bernama News

South Africa South Africa Latest News,South Africa South Africa Headlines

KUALA LUMPUR: Increased investment in water technology, research, and skills development can position Malaysia as a centre of excellence in this secto...

: Increased investment in water technology, research, and skills development can position Malaysia as a centre of excellence in this sector, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

Also present were Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir, PETRA secretary-general Datuk Mad Zaidi Mohd Karli, and Academy of Sciences Malaysia president Datuk Dr Tengku Mohd Azzman Shariffadeen. “In efforts to attract more foreign investment, water supply security is a crucial factor. Efficient water management not only supports domestic economic growth but also plays a vital role in keeping Malaysia competitive in the eyes of international investors,“ he said.

As a comparison, he said, the energy and energy-intensive industries currently contributed about 28% to the Gross Domestic Product and 25% of the total workforce, while the contribution from the water sector was far lower and still couldn’t be precisely calculated.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines