KUALA LUMPUR, July 26 2022 ― Prime Minister Datuk Seri Ismail Sabri Yaakob said Malaysia is capable of becoming a biomass hub through the development of a circular economy in line with the country’s status as the world’s second-largest exporter of palm oil and the largest contributor to the biomass industry.
To drive the development of the circular economy, the focus should also be given to using raw materials from waste or excess in the chain of the agri-commodity sector and this includes making agri-commodity biomass resources an important component in the circular economy, he said.
The Prime Minister said this at the opening of the Malaysian International Agri-commodity Expo and Summit 2022 (MIACES) here, today. MIACES is organised by the Plantation Industries and Commodities Ministry and held at the Malaysia International and Exhibition Centre (MITEC) from today until Thursday, involving the participation of more than 350 companies from 39 countries.
He said the government also strongly encourages efforts to make palm kernel dung as raw material for domestic aquaculture and animal husbandry food to reduce dependence on imports and contribute to the country’s food security initiative.
According to him, the effort to use agri-commodity waste material should be made an alternative to the world, including Malaysia, facing food security challenges due to global economic uncertainty and geopolitical crisis and climate change.
“This global economic uncertainty and geopolitical crisis and climate change affected the food supply chain as some countries stopped their export of foodstuffs for farm animals,” he said.
He hopes that the agri-commodity sector could help re-generate the country’s economy and restore the economic stability of the people.
― Akses Malaysia
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