National Biomass Strategy 2020:
New Wealth Creation for Malaysia’s Palm Oil Industry
This report is the result of an extensive collaboration of the Malaysian Government with private sector companies as well as domestic and international research institutes and academia to assess how Malaysia can gain more revenue from its palm oil industry through utilisation of the associated biomass.
An explicit goal of the study was to determine how Malaysia can develop new biomass sectors with the aim of creating higher value-added economic activities that contribute towards Malaysia’s gross national income (GNI) and creating high value jobs for the benefit of Malaysians.
Strategy outlines the action plan and opportunities in the biomass value chain that could create RM 30 billion in additional GNI, 66,000 jobs mostly high value, 12% reduction in Carbon Emissions and Rm 25 billion in Investments.
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