Published: Friday November 27, 2009 MYT 1:07:00 PM
Updated: Friday November 27, 2009 MYT 1:58:23 PM
Governments and private sectors must collaborate, says PM
BY LIM AI LEE
PORT OF SPAIN: No man or business is an island in today's interconnected and globalised world, said Datuk Seri Najib Tun Razak.
The Prime Minister pointed out that governments and private sectors could no longer operate business in the usual mode but must collaborate to tackle the challenges posed by environmental degradation.
Najib, who was speaking at the Commonwealth Business Forum here on Thursday, noted that the private sector had the technologies as well as the ability to develop products and services that addressed global challenges.
Governments, he said, should meanwhile ensure that countries' economic growth strategies were environmentally sustainable.
"We should bequeath to our future generations a world that is environmentally sound," he said.
Najib cited as example, Malaysia's own Green Technology policy which covered energy, environment, economy and social policies.
"The policy is to ensure all Malaysians enjoy an improved quality of life, by ensuring that the objectives of national development policies continue to be balanced with environmental consideration," he said.
Najib, who is in the capital city of Trinidad and Tobago to attend the Chogm conference, was invited by the Commonwealth Business Council to share his thoughts on "New Approaches to Sustainable Development: The Way Forward" at the forum.
Najib stressed that efforts to address climate change must be consistent with keeping global trade and investment open and free without raising new barriers to trade and investment.
He also said the Commonwealth countries represented an important component in Malaysia's global trade, accounting for RM159.6 bil or 22.7% of the country's total trade in the first nine months of this year.
He added that there were Malaysian companies in practically all 53 member countries and this provided an oportunity for business collaboration.
Najib later attended a dinner hosted by Sunway Construction (Caribbean), a subsidiary of the Sunway Group which is developing its first project in Port of Spain - a 23-storey building for the republic's Legal Ministry.
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