Japan is a market that Malaysia could explore in relation to the use of biomass in renewable energy generation, says Deputy Plantation And Commodities Minister Datuk Chan Foong Hin.
He said the ministry will join the World Expo in Osaka this year.
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He said the ministry will join the World Expo in Osaka this year.
Read more at https://tinyurl.com/yf5ey7jw
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00Thank you, Mr. Vice President.
00:02Honorable Minister,
00:04you mentioned Pakistan.
00:06I would like to talk about Japan.
00:09Japan is one of the 20 countries that import oil from the world,
00:14where they use oil for food industry
00:19and also for the production of electricity.
00:22My question is,
00:23what is the Ministry's effort to expand the Asian market,
00:27especially in Japan,
00:29in the innovation of using oil for energy production?
00:37Before answering the specific question for Japan,
00:40I would like to inform the audience,
00:42among the top six,
00:44the six largest import markets for Malaysian oil are
00:50India, China, EU, Kenya, Turkey and the Philippines.
00:55These six countries have exceeded 50.7% of our exports.
01:02And Japan is not in the top six.
01:07But for this year,
01:09we will participate in the World Expo
01:14which will be held in Osaka, Japan.
01:17So this is a market that we have to focus on,
01:23especially for the use of bio-cells for clean electricity generation
01:29or renewable energy in Japan.
01:31So we are not that far behind.
01:33If we only export raw materials to Japan,
01:38we have to produce raw materials with higher value
01:47before exporting to Japan,
01:49which will change the biomass to pelletized.
01:55Pelletize the biomass so that we can export.