The Malaysian-German Chamber of Commerce and Industry is initiating programs with German companies in the fields of waste management and recycling to explore business opportunities in Malaysia.
The project it said aims to showcase some of Germany’s best solutions and technology providers in the field of waste management and recycling industry as well as to enhance Malaysia’s environmental sustainability through green growth. The five-day business initiation trip features a one-day conference and business matching event which includes presentations, expertise sharing, and individual business meetings with German solution providers. Some of the key areas of discussion are green tech incentives for Malaysian companies, green financing opportunities, developments in industrial equipment and technologies, and the future of recycling and waste-to-energy conversion. The delegates will also visit the Jeram Sanitary Landfill in Kapar, Selangor, and the Recovery Initiative Sustainable Eco-Facility (RISE Kuala Lumpur) recycling centre near Gombak.
Delegation member and presenter Dr. Armin Vogel, Managing Director at SSI Schäfer Plastics GmbH and Chairman of the Board at the German waste management and recycling association RETechPartnership e.V., spoke about Malaysia’s substantial progress through the regulations of Act 672 and nationwide privatisation in the field of waste management.
“The German RETech Partnership e.V. is committed to supporting Malaysia in its journey towards a modern and climate-friendly circular economy. We are ready to contribute our expertise and resources to actively drive this essential transformation. We are confident that significant progress can be achieved through our collaboration and the partnership between Germany and Malaysia, not only protecting the climate and environment but also creating economic opportunities,” Dr. Vogel said.
Germany has one of the highest recycling rates in the world and recycled 67% of its municipal waste in 2020. German technology and waste management system is world-leading, with revenues of around EUR80 billion (RM400 billion) per year, especially in the field of plastic packaging recycling where nearly 100% of plastic waste is recycled. All delegates from Germany were also briefed on intercultural norms, a signature practice of MGCC as the official voice of German trade in Malaysia and the largest bilateral European chamber in the country.
