In keeping up with global efforts towards sustainable development and reducing carbon emissions, Iskandar Investment Berhad (IIB) has on Monday announced a document exchange ceremony with seven partners in the sustainable electric vehicle (EV) industry, to promote use of EVs and renewable energy solutions in Iskandar Puteri, Malaysia.
This initiative is part of the five strategic verticals to further solidify IIB’s commitment in spearheading a net-zero carbon central business district (CBD) in Medini Iskandar, IIB said in a statement.
According to the statement, the collaboration brings together industry players such as Nano Malaysia Bhd, Handal Indah Sdn Bhd, Handal Green Mobility Sdn Bhd, Kumpool Sdn Bhd, Yinson Green Technologies (M) Sdn Bhd, GO TO U (M) Sdn Bhd, and UN Global Compact Network Malaysia and Brunei (UNGCMYB).
IIB said that such collective efforts are paramount in promoting sustainable transportation solutions that are environmentally friendly, socially equitable, and economically viable.
“We have outlined five strategic verticals in our roadmap to achieve carbon neutrality in Medini Iskandar which are energy management, water management, waste management, green building materials and of course, sustainable mobility.
“Today, are proud to lead the way in the first vertical, which is our commitment in advancing electric vehicle adoption and paving the way for clean energy solutions by having charging stations for EV vehicles,” IIB President/Chief Executive Officer Idzham Mohd Hashim said.
According to him, this document exchange ceremony signifies the agency’s dedication to creating a net-zero carbon city in Medini and establishing low-carbon cities as a global standard.
“By collaborating with key stakeholders, we leverage their expertise and resources to accelerate the growth of the EV industry, shaping a cleaner and more sustainable future, where economic prosperity goes hand in hand with environmental responsibility,” he said.
According to the statement, IIB’s partnership with UNGCMYB aims at jointly developing and implementing sustainable development initiatives within Iskandar Puteri, in line with the United Nation’s Sustainable Development Goals.
The partnership serves as a platform to facilitate knowledge sharing of best practices between IIB and other members of UNGCMYB.
As part of creating awareness and enhancing understanding of sustainable development principles, the collaboration will expand into capacity-building initiatives which include conducting training programs, workshops and seminars.
These efforts will be broadened to local communities, civil society organizations and government entities to foster collaboration and address shared challenges.
With all these initiatives put together, IIB is expected to enhance their reputation as a leading player in Iskandar Puteri’s development.
The integration of sustainable practices into its development plan will also provide competitive advantage by attracting sustainable investors, tenants and partners.
In recognizing the increasing usage of EV’s in the state, the Johor state government plans to develop mechanisms that support EV usage in the future.
Following the strong push for a full EV population by Singapore in their Green Plan 2030, a high demand for EV charger stations in Johor has also developed.
The initiative undertaken by IIB will establish the necessary infrastructure to support the transition to EVs, and it will play a vital role in the federal and state of Johor’s low carbon initiative.
“Today’s document exchange ceremony marks a significant milestone in our journey towards sustainable development and a low-carbon future,” said Raven Kumar a/l Krishnasamy, Johor State EXCO for Tourism, Environment, Heritage and Culture.
According to him, this collaboration stands as a testament to the unwavering commitment of IIB and its strategic partners as they work hand in hand to create a greener and more carbon-neutral Johor.
“We must now recognise the pressing need to address the challenges of carbon emissions and environmental degradation,
“The environment is our shared responsibility. Let us work together to preserve the natural beauty of Johor for future generations, ensuring a sustainable and thriving ecosystem,” he said.
IIB is a catalyst of change and a key player in Iskandar Malaysia’s transformation into a regional metropolis of international standing.
Incorporated in November 2006, IIB is tasked to ensure Iskandar Malaysia continues its successful trajectory into an attractive investment destination and a vibrant, liveable region via catalytic and high-impact projects.