News

MREPC allocates RM20 mln to help SMEs in automation, green technology

PETALING JAYA, Aug 13 (Bernama) -- The government through the Malaysian Rubber Export Promotion Council (MREPC) has allocated RM20 million under the new MREPC Fund for Automation & Green Technology to help industry players especially the small and medium-sized enterprises (SMEs).

MREPC board of trustees chairman Chik Chan Chee said the initial fund was in the form of a matching grant of up to 50 per cent of the project cost, subject to a maximum of RM1 million per company.

"We hope this fund can assist the SMEs to invest in green technology and automation, to deal with the rising labour and other production costs," he said in his opening remarks at the launch of the fund here, today.

Primary Industries Minister Teresa Kok officiated the event.

Chik said of the 19 applications received, five companies had been approved and were given the certificate of awards to receive the fund today.

The second batch of the approved companies would be announced soon, he added.

Meanwhile, Kok said the fund would also address the need to use renewable energy as an energy cost component of the manufacturing processes could be as high as 10-20 per cent.

“I urge the industry to take the lead in using alternative energy sources which much also be accompanied by pollution and waste disposal mitigation plans approved by the authorities,” she said. 

 The rubber industry, which currently comprises over 300 rubber product manufacturers, had in 2018 exported RM23.7 billion worth of rubber products, representing 2.4 per cent of total exports in the country.

-- BERNAMA

 

    Other News

Sarawak Lepasi Sasaran Kapasiti Gabungan Tenaga Boleh Baharu Tahun Ini - Abang Johari

Oleh Nur Ashikin Abdul Aziz

SINGAPURA, 21 Okt (Bernama) -- Sarawak mencapai 62 peratus sasaran campuran kapasiti tenaga boleh baharu (TBB) tahun ini, melepasi sasaran 60 peratus yang digariskan dalam Strategi Pembangunan Pasca COVID-19 (PCDS) 2030.

Sarawak Pacu Pertumbuhan Tenaga Boleh Diperbaharui Untuk Manfaat ASEAN - Premier

SINGAPURA, 21 Okt (Bernama) -- Sarawak komited menyokong peralihan tenaga boleh diperbaharui di Asia Tenggara dengan memanfaatkan potensinya sebagai "Bateri ASEAN," yang akan membekalkan tenaga bersih menerusi sambungan Grid Kuasa Borneo dan ASEAN.             

Belanjawan 2025 Percepat Peralihan Kepada Tenaga Bersih - Solarvest

KUALA LUMPUR, 19 Okt (Bernama) -- Belanjawan 2025 merupakan satu langkah ke arah mempercepat peralihan kepada tenaga bersih di Malaysia, kata Solarvest Holdings Bhd.