Malaysia, Finland strengthen cooperation on circular economy, eco-industrial parks

Malaysia and Finland are set to deepen their partnership in developing a circular economy and establishing eco-industrial parks, aiming to foster more sustainable and competitive economic growth.

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I was pleased to receive Vasara's courtesy visit to discuss the potential for strengthening Malaysia-Finland cooperation in driving more sustainable and competitive economic development.

This initiative was a key topic during a courtesy visit by Finland's Ambassador to Malaysia, Anne Vasara, to Malaysia's Minister of Investment, Trade, and Industry, Datuk Seri Johari Abdul Ghani. The minister expressed his pleasure in discussing the potential for enhanced cooperation.

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Our discussions focused on the potential for cooperation in implementing circular economy models in Malaysia, in line with the country's commitment to sustainability and climate action.

Discussions focused on implementing circular economy models in Malaysia, aligning with the nation's commitment to sustainability and climate action. Both countries explored opportunities in policy and regulatory reforms, financing and investment, sustainable supply chains, standards and certification, and capacity building.

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We also exchanged views on opportunities to develop eco-industrial parks.

Johari highlighted Malaysia's potential to integrate circular economy practices, particularly within its approximately 600 industrial parks. He suggested starting with halal parks as an initial step toward developing a more sustainable and high-value industry.

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With approximately 600 industrial parks nationwide, Malaysia has great potential to adopt circular economy practices, starting with halal parks as an initial step towards developing a more sustainable and high-value industry.