MGTC inks partnership with SGC to develop model low-carbon city

SEPANG, Feb 23 (Bernama) -- The Malaysian Green Technology and Climate Change Corporation (MGTC) today signed a Memorandum of Cooperation (MoC) with Sepang Goldcoast Sdn Bhd (SGC) to develop Sepang Goldcoast into a model low-carbon city. 

MGTC chief executive officer Shamsul Bahar Mohd Nor said the MoC focuses on effective consultation between the organisations in building the related frameworks for sustainability projects spearheaded by SGC. 

“The aspects of green practices in the construction industry are pertinent to minimising greenhouse gas (GHG) emissions. With the carbon offsetting initiative in place, this development will pave the way to create a net zero operation.

“An environmental, social, and corporate governance (ESG) framework will allow cities to operate more efficiently while improving services to citizens and businesses, among many other benefits,” he said during the signing ceremony at Avani Sepang Goldcoast Resort. 

The MoC was signed by Shamsul Bahar, representing MGTC while SGC was represented by its executive chairman, Gan Chool Yang

Meanwhile, Gan said the collaboration will also focus on technology-driven solutions such as promoting energy-efficient buildings, incorporating sustainable materials, and other critical components of green cities.

“There has been a growing interest among investors for projects that put ESG at the core of its development, and we are committed to driving this in our upcoming plans to develop Sepang Goldcoast South, The Golden Palm Tree Water Villa Complex, and others.

“This move will create opportunities and investments to tackle sustainability and pursue smart growth simultaneously,” he said. 

-- BERNAMA