Kuala Lumpur - On the 15th of October 2010 the Malaysian PM Datuk Seri Mohd Najib Tun Abdul Razak introduced the budget 2011 to the parliament. As usual on a Friday afternoon after the prayer.
Najib showed commitment in his speech (full text) to move into Green Technology. Malaysia started already in the past some initiatives to increase the amount of renewable energy – with marginal success only. The 8th Malaysian Plan pinned down a target of 600MW out of renewable energy sources for the year 2005 – actually installed and operating were 12MW in 2005 and up to 2009 the total reached 74.5MW.
The announced measures in the budget are intended to give it a higher momentum.
Posted by Dr. Klaus Brachetti, 17.10.2010
