18 May '11, 8am

Malaysia unveils plan to build "green economy"

KUALA LUMPUR - Malaysia is launching an ambitious plan to build a "green economy" with the help of an advisory council that includes economist Jeffrey Sachs and the UN climate change chief. The initiative is part of economic reforms instituted by Prime Minister Najib Razak since taking power two years ago, aimed at pushing the Southeast Asian country towards developed-nation status by 2020. His administration has already promised major infrastructure projects and financial market liberalisation to attract foreign investment and boost growth, but critics say the results have been limited. Najib on Tuesday convened the first meeting of an eminent 42-member Global Science and Innovation Advisory Council in New York to help the nation achieve ambitions of becoming a science and technology innovation destination. Malaysia's vision of a "green economy" would see it moving beyond...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific/vi...

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