You can be on Entrepreneur’s cover!

Malaysia Aims to Create 200,000 Green Jobs by 2023 in ASEAN Malay government is in talks with ASEAN countries China, Japan and South Korea for the brighter future of green jobs in South-east Asia

By Komal Nathani

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Pixabay

Malaysia puts its focus on promoting green industries and jobs in the ASEAN countries. The south-east Asian country hopes to promote the identification of the potentials and prospects for green industries and jobs in the ASEAN member countries during its tenure as the chairman of ASEAN labour sector, said Tun Dr Mahathir Mohamad.

The government of Malaysia is looking at developing the corresponding regional policies to promote green industries in the three-year period, said the Prime Minister Dr Mahathir Bin Mohammad, in the 25th ASEAN Labour Ministers Meeting.

The Malay government is also in talks with ASEAN countries China, Japan and South Korea for the brighter future of green jobs in South-east Asia.

He also talked about the boom in the employment rates of green industries across ASEAN. According to the 2017 Annual report by the Developmental Bank of Singapore, over the last two years, employment has grown by 3.2 per cent compared to the overall economic growth of five to six per cent, which is almost 1.4 million new green jobs created, as reported in the Development Bank of Singapore Annual Report 2017 on Green Job Opportunities in ASEAN.

"In the same vein, we have seen strong growth, particularly in the renewable energy sector such as wind and solar power, as well as the production of equipment and installations for heating and energy saving that subsequently create jobs in the region," said Dr Mahathir.

"Looking forward, as technology evolves, we can expect an increase in the creation of new green jobs, and stronger growth in current occupations and greening industries," he said.

The Malaysian government is targeting revenue of RM 180 billion while creating more than 200,000 green jobs by 2030.

The Prime Minister Dr Mahathir said the Malaysian government aims to boost the growth of its green technology sector, with a targeted revenue of RM180 billion while creating more than 200,000 green jobs by 2030.

He added that the greening of the regional economy also demands that the people in the region specialise in the right skills, adapt to changes and seize the new opportunity.

The Prime Minister showed his optimism for the future prospects of the green industry sector. In the meeting, he said, now is the time for the government and workers' and employers' organizations to explore more into the green industries and skills across the Asia Pacific.
Komal Nathani

Former Correspondent, Entrepreneur Asia Pacific

A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!

Business News

From Tom Brady to Kevin O'Leary – See Who Lost Big in the Wake of the FTX Crypto Collapse

The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds.

Business News

Mark Zuckerberg Says This CEO Is the 'Taylor Swift' of Tech

Meta's CEO posed with Nvidia CEO Jensen Huang on Instagram Wednesday.

Business News

This Highly-Debated Piece of Cinematic History Just Sold For Over $700,000 at Auction

The wood panel from "Titanic" is often mistaken as a door. Either way, he couldn't have fit. (Sorry.)

Thought Leaders

How To Improve Your Soft Skills and Emotional Intelligence in 7 Easy Steps

Using these simple but effective approaches will help a person in their business, life and relationships.

Money & Finance

5 Simple Wealth-Building Tips For This Generation's Forward-Thinkers

Explore practical finance tips for young professionals striving to overcome economic challenges.