DUBAI: The Circular Economy Week organized by the Ministry of Environment and Water starts today (27 March 2022), during the last week of the 26 weekly thematic programs on trade and business of the Malaysia Pavilion at Expo 2020 Dubai. Circular Economy Week was officially opened by the Minister of Housing and Local Government, Hon. Dato’ Sri Reezal Merican Naina Merican.
The opening of the program included the Circular Economy Conference, a sharing session of experts from KASA, the Ministry of Housing and Local Government, the Malaysian Recycling Alliance (MAREA) and the oil and gas company national PETRONAS.
The panel of experts spoke about the latest developments in the circular economy encompassing all aspects of politics, technology, business and the role of the individual.
In line with the Malaysia Plastics Sustainability Roadmap 2021-2030 developed by KASA, Circular Economy Week serves as a platform to promote Malaysia’s circular economy initiatives that adhere to the principles of the Sustainable Development Goals (SDGs).
“The circular economy is a great opportunity for all of us. The transition to a more circular economy where the values of products, materials and resources are maintained in the economy for as long as possible, and thereafter the minimization of waste generation, contribute significantly to a more sustainable, low-carbon, resource-efficient and competitive economy,” said Mr. Eddy Mazuaansyah Bin Mohd Ali Murad, Deputy Undersecretary of the Division of environmental management of KASA in his welcome speech.
Circular Economy Week also aims to highlight initiatives by Malaysian industry in implementing and promoting sustainable business practices through the circular economy program by enhancing innovation in the design of products, optimizing production processes and implementing extended producer responsibility (EPR).
To this end, Business Pitching and Business Matching sessions will be organized to promote Malaysian companies in global markets.
At the same time, the weekly trade and business show aspires to portray Malaysia as a rapidly developing country that is driving the circular economy. A total of 13 companies represented by 34 company delegates take part in the programme.
“Malaysia recognizes the importance of all business entities, including small and medium enterprises, in driving the economy while maintaining a healthy environment. Thus, we are bringing together local businesses here to explore the potentials and opportunities for future collaborations of international players in diversifying circular business model investments,” he added.
Malaysia’s participation in Expo 2020 Dubai is led by the Ministry of Science, Technology and Innovation with the Malaysian Green Technology and Climate Change Corporation (MGTC) as the implementing agency.
The Circular Economy Week program led by KASA can be followed live via the facebook accounts of KASA and MGTC. More information can be obtained at www.malaysiaexpo2020.com.
ABOUT THE MALAYSIA PAVILION AT EXPO 2020 DUBAI
Malaysia’s self-built 1,234.05 square meter pavilion is the EXPO’s first net-zero carbon pavilion. The pavilion features a rainforest canopy inspired by the majestic rainforest of Malaysia, blending cultural elements with nature and functionality in a futuristic building.
The pavilion is themed “Energizing Sustainability” to represent the nation’s commitment and approach to sustainable development. It is segmented into four sub-themes; “Energizing Today”, “Energizing Tomorrow”, “Energizing Harmony” and “Energizing Business”. Malaysia’s activities during the EXPO will include permanent 3D exhibitions, daily cultural performances, handicraft demonstrations, cafe operations as well as 26 weekly themed trade and business programs.
The trade weeks will involve a large contingent of 21 ministries, 70 departments and agencies and five state governments who will initiate and support the programs. They will also bring weekly trade delegations from across the industry who will participate in pocket talks, product launches, business matchmaking sessions and signing of MoUs. The Malaysia Pavilion will also host and participate in summits and forums throughout the Expo.
The Ministry of Science, Technology and Innovation is the lead ministry for Malaysia’s participation in this mega event. The Malaysian Green Technology and Climate Change Corporation (MGTC) is the implementing agency.