Malaysian Green Technology Corp (GreenTech Malaysia) exchanged documents on the memorandum of understanding (MOU) it signed with Department of Standards Malaysia to facilitate the implementation of the National Standards Compliance Programme (NSCP).
GreenTech Malaysia chief executive officer, Ahmad Hadri Haris, said the MoU aimed to enhance the competitiveness of Malaysia’s small and medium industries in green technology.
“To promote green technology and to make the country a developed nation without harming the environment, standards are important to ensure that the companies that are moving towards green technology can perform better both locally and abroad,” he said.
Ahmad Hadri said this to reporters after the exchange of MoU documents on the sidelines of the International Greentech & Eco Products Exhibition and Conference Malaysia 2014 here on Friday.
He said GreenTech Malaysia was working together with Standards and Industrial Research Institute of Malaysia and Malaysian Institute Development Authority to promote the green products in the country.
“Companies that buy green products will be given investment tax allowance.
“Also, those that undertake green services will be entitled to income tax exemptions and that’s why standards product certification is crucial,” he said.
GreenTech is a non-profit organisation under the purview of Energy, Green Technology and Water Ministry.
