Chamber in Focus
SEDA Breakfast Puan Badriyah, CEO of the Sustainable Energy Development Authority of Malaysia (SEDA) gave a presentation of the SEDA portfolio an overview of the organisation’s Strategic Focus. At the event hosted by the EUMCCI Energy, Environment, and Green Technology Committee, Puan Badriyah gave a comprehensive run though of the mandate and the aims of SEDA in the coming year. Formed under the Sustainable Energy Development Authority Act last year, SEDA is the body governing the management and administration of the implementation of the feed-in tariff (FiT) mechanism as applied to small scale hydro and solar power, biogas, and biomass.
Giving an overview of the newly minted Renewable Energy Act and the funding and incentives available for RE projects, Puan Badriyah answered questions from the floor including the queries regarding the 20122014 solar FiT quotas, a concern of many that the current allocations are not sufficient to meet demand. With targets set at increasing the RE
contribution to Malaysia’s power mix to 10% by 2020, Puan Badriyah was confident that whilst currently an ambitious target it was one that was attainable with the help of individuals, businesses and communities investing in RE.
For more information on the FiT or SEDA visit: http://seda.gov.my/
What Companies Want and What Can Universities Provide? The EUMCCI Education Committee hosted a workshop to explore how universities and other tertiary level institutions can build on the ETP process to provide education programmes that produce the human capital and human resources required for sustainable socio-economic development, and create a workforce that is immediately employable, skilled, hard working, creative, inventive, productive, adaptable and flexible. With a presentation by a delegation from Polytechnic of Braga (IPB), Portugal, the event considered the differences and similarities between the university education in both Malaysia and Europe.
Education is seen as a central component of Malaysia’s aim to be a high-income country by 2020. Designated as a National Key Eco nomic Area (NKEA) within the Economic Transformation Programme (ETP), the Education indus try has been targeted to raise its total contribution to Gross National Income (GNI) from RM27.1 billion in 2009 (around 4% of GNI) to RM60.7 billion in 2020 (around 6% of GNI). This target also aims to create 535,000 new jobs in education and to increase student enrolment by 200,000 in higher education. The promotion of the Malaysian education system overseas will be a key
driver of this growth with plans to increase international students from 16,000 in 2009 to 74,000 by 2020. Attended by H.E. Vincent Piket, Prof.Datuk Dr. Md. Zabid Haji Abdul Rashid, President/ Vice Chancellor, UNIRAZAK and Tan Sri Datuk Eugenio Campos, Honourary Consul of Consulate of Portugal, the event saw a signing of an MOU between UNIRAZAK and IPB for a new study scholarship for members of the Portuguese settlement in Malacca.
Coverage of the EUMCCI Quarterly Financial Panel Discussion and a main feature from IFBIM.