MIDA, CIMB to sustain SMEs with GreenBizReady

by | May 31, 2021 | Business, HUMAN RESOURCES | 0 comments

The Malaysian Investment Development Authority (MIDA) congratulates CIMB on their recent launching of CIMB GreenBizReady, a one-stop sustainability solution for Malaysian Small and Medium Enterprises (SMEs).

Being the principal investment promotional partner to the business community in Malaysia, MIDA is eager to support this newly launched initiative in facilitating CIMB to bring in more investments in the green technology projects by providing the necessary assistance to the business stakeholders.

The Chief Executive Officer of MIDA, Datuk Azman Mahmud, said that the CIMB GreenBizReady, reflects the commitment to assume a vital role in boosting the socio-economic development and growth of the green technology sector in Malaysia.

“The SMEs especially, will be equipped with practical knowledge and tools to incorporate economic, environmental and social (EES) considerations into their businesses in helping them becoming sustainability-ready for long-term business resilience.

“More importantly, this platform is timely launched to assist green industry players to contribute in economic recovery whilst advancing Malaysia’s green agenda and aspiration for sustainable growth, in line with the United Nation’s Sustainable Development Goals (SDG),” he said.

With an allocation of RM250 million, SMEs will be empowered through financial solutions and incentives such as sustainability-linked financing benefits, access to sustainability service providers, training and capacity building, certification and advisory services, and business matching with the support of industry leaders and related government agencies.