Ipoh wants to promote green technology investments to help spur the state’s economic growth.
Mentri Besar Datuk Seri Dr Zambry Abdul Kadir said that the state has attracted investments worth more than RM410mil from local and international companies.
This, he said, does not include the RM1.2bil invested by Twin Creeks Malaysia Sdn Bhd to build a plant to produce high-powered solar cells at the Kanthan Industrial Area here.
The plant was opened by Deputy Prime Minister Tan Sri Muhyiddin Yassin last December.
“Green technology projects to be implemented in the state include algae production by US-based Petro Algae Ltd worth RM11mil and a RM150mil project by Megafirst Corporation Bhd to produce green construction material,” he said after witnessing the signing of an agreement between the State Development Corpora-tion and Return 2 Green Sdn Bhd here yesterday.
Dr Zambry said Perak was hopeful of bringing in more such investments in future.
He said the state had set aside a 40ha site at the Perak Hi-Tech Park near here to be developed into a Green Technology Industrial Area.
On the agreement, Dr Zambry said Return 2 Green would set up a plant to produce biodegradable products for the domestic and export markets at the Kampung Acheh Industrial Estate in Manjung.
He added that the company would also build another RM47mil plant at the Perak Hi-Tech Park and appoint 18 vendors from the state as part of its expansion plans.
