Greentech Axis, Felda Ink Mou For Integrated Waste Management Plant

KUALA LUMPUR, Sept 21 (Bernama) -- Greentech Axis Limited (GAB) and the Federal Land Development Authority (Felda) signed a memorandum of understanding (MoU) today, to implement the pilot project for an Integrated Waste Management Plant (IWMP) in three Felda areas in Johor. 

GAB executive chairman Datuk Seri Dr Mohamad Feardaus Khairuddin said the pioneers for the IWMP models will be Felda Adela, Felda Air Tawar and Felda Tenggaroh.

IWMP is an integrated method of sustainable solid waste and waste water management.

"Preliminary site studies in the area found that this project not only received a good response from the Felda management but also from the settlers who cooperated in efforts towards sustainable development.

"In addition, this collaboration will also provide job opportunities to local residents and surrounding areas and further enhance education and awareness of recycling," he said.

He was speaking to reporters after the MoU signing ceremony witnessed by Deputy Finance Minister I Datuk Seri Ahmad Maslan and Felda chairman Datuk Seri Ahmad Shabery Cheek at Menara Felda here today.

GAB was represented by Feardaus and chief officer of human resources and administration Faisal Zakariah while Felda was represented by its director-general Datuk Amiruddin Abdul Satar and Sustainability director Ismail Samingin.

Feardaus, who is also GAB's chief executive officer, said the first phase costing RM1.4 billion, involving analysis work, collecting statistical reports and reports related to the IWMP development, had been implemented.

"The overall GDV (gross development value) for the 10-year development period in the three Felda districts is estimated at RM10 billion. Now, we are in the second phase of implementation of the IWMP," he said.

He said GAB is a leading company in environmental sustainability and renewable energy initiatives, and is greatly committed through the MoU to Sustainable Development Goals with regard to the Environmental, Social and Governance (ESG) framework of the United Nations.

He said the IWMP will be built with the latest technology and feature an innovative green technology waste management system that adopts the concept of Reduce, Reuse and Recycle known as 3R.

Elaborating on the IWMP, Feardaus said it can produce compost fertiliser and renewable energy and is capable of efficient and comprehensive effluent management.

"This process will involve factory waste, plantation waste as well as food and solid waste collected from the Felda areas. The IWMP will also minimise environmental impact, save resources and reduce landfill waste by providing a platform to manage waste in an integrated manner.

"This signifies good cooperation and innovation towards economic growth and fostering impactful changes in the waste management and renewable energy industries," he said.

Meanwhile, Ahmad Maslan said the country is working on carbon credit, which is a type of economic instrument to help curb carbon dioxide emissions, in an effort to protect and maintain environmental sustainability.

"So, the Ministry of Finance highly welcomes any positive matters in relation to the development of the IMWP. This pilot project is also in line with efforts to implement the green technology plan in Malaysia," he said.

Meanwhile, Ahmad Shabery hoped that with Felda being the largest landowner, it would be a resource for the development of green technology and renewable energy, which are the main sources of carbon credits.

-- BERNAMA