Naza Enviro Holdings Sdn Bhd (Naza Enviro) announced the signing of a landmark Memorandum of Understanding (MoU) with China-based Grandblue Environment Co Ltd (Grandblue), marking a strategic collaboration to jointly implement large-scale solid waste management, waste recovery & recycling and renewable energy projects in Malaysia.
This initiative represents a significant step forward in advancing the nation’s environmental sustainability goals and accelerating its journey toward a circular economy and carbon neutrality.
Under the MoU, both parties plan to establish a joint venture in the near future to undertake the development and operation of solid waste management related projects, including the generation of renewable energy from solid waste, and the future development of Hydrogen fuel production from solid waste.
This partnership brings together Naza Enviro’s proven leadership in solid waste transformation into renewable energy & green products, and Grandblue’s extensive technological expertise and global track record.
The joint venture between Naza Enviro and Grandblue is poised to deliver far-reaching national benefits by driving the implementation of high-impact Government-backed projects through a financially sound and technologically advanced partnership.
By deploying state-of-the-art Waste- to-Energy and Hydrogen production technologies, the collaboration will not only generate clean, renewable energy but also contribute meaningfully to environmental conservation efforts.
The joint venture will now move into the planning and feasibility assessment phase, with both parties working closely with key stakeholders and regulatory agencies to identify suitable project sites and expedite implementation.
With Malaysia’s increasing solid waste generation and urgent need for alternative energy solutions, this collaboration signals a powerful leap forward in sustainable infrastructure development – one that puts the environment, economy and rakyat at the heart of its mission.
-THE MALAYSIA VOICE
