Ministry Hopes For 3-5 Pct Green-Tech Compliant New Buildings By 2030

PETALING JAYA (Selangor, Malaysia), Dec 14 (Bernama) -- The Energy, Green Technology and Water Ministry wants to see three to five per cent green technology-compliant, newly developed buildings by 2030 under the Low Carbon Cities Framework, Minister Peter Chin Fah Kui said on Friday. "We do hope the figure is more but I am being realistic in my projection. "It is not a compulsory criteria," he nevertheless said, adding that most developers will look at it in terms of costings with the added features. Overall cost imposed to consumers will be more expensive resulting in less sales for the developers, he said. "When you take all these into consideration, I can understand the dilemma of the developers on why they are reluctant but at the same time I do hope that there are other developers that would utilise Green Building Index for their buildings," he told reporters after officiating the iProperty.com Real Deal Expo, here. He also highlighted the Green Technology Financing Scheme (GTFS), a government support scheme for green technology users and producers, that has disbursed more than RM1 billion so far out of a RM3 billion fund allocation. (US$1=RM3.06) "It is undergoing good progress and we hope users and producers will come forward to propose green projects, so that we can fully utilise the RM3 billion earmarked for the projects," he said. The current breakdown of the GTFS takers comprise 66 producer companies, amounting to RM1.026 billion while another RM40.6 million has been taken by 11 user companies. --BERNAMA