13th Malaysia Plan, Budget 2025 prioritise shift towards low-carbon economy

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13th Malaysia Plan, Budget 2025 prioritise shift towards low-carbon economy
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KUALA LUMPUR: The upcoming 13th Malaysia Plan (2026-2030) and the recently tabled Budget 2025 will prioritise Malaysia’s shift towards a low-carbon ec...

The oil and gas industry has long been a cornerstone of Malaysia’s economic landscape. – Bernama filepicThe upcoming 13th Malaysia Plan and the recently tabled Budget 2025 will prioritise Malaysia’s shift towards a low-carbon economy, said Economy Ministry secretary-general Datuk Nor Azmie Diron.

“I’d like to highlight the upcoming 13th Malaysia Plan 2026-2030 as well as the recently announced Budget 2025 will further reinforce our commitment to a decarbonised future, creating implications for the oil & gas and energy industries and OGSE supply chain,” he said this in his keynote address at the National OGSE Blueprint Forum 2024, delivered by deputy secretary-general Datuk Luqman Ahmad, today.

“I encourage all of you to view these developments as an opportunity to expand your business, enter new markets and team up with international partners,“ he said. “For the OGSE sector in particular, the ministry will continue to work with its OGSE sector development agency, MPRC, to gear its initiatives to bridge government policies and aspirations with the sector’s needs,” he said.

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