IT NEWS FROM LINKS

Green Technology, Penang

The second leg of the visit by the World Bank and Turkish Industrial Development Bank (TKSB) saw IBBM bringing them to Penang for another roundtable forum. This time, we collaborated with the Graduate School of Business of Universiti Sains Malaysia where the forum was also held.
The issues brought up at the Penang event touched on coordinated collaborations amongst financial institutions, regulators and government agencies in providing incentives and funding towards green technology developers and users.
Pertinent topics were presented including:
1. The Turkish experience on green technology financing by TKSB
2. Financing challenges for Penang as a Green City by the Khazanah Northern region
3. The rise of ethics and socially responsible investment by the Graduate School of Business and the Corporate Conscience Circle of Bahagian Jaringan Industri & Masyarakat.

About 90 participants from the government, business and educational community attended the forum.
After the forum in the morning, a closed door discussion between IBBM, World Bank and the Graduate Business School on possible research collaborations on sustainable development was held in the afternoon.

FROM IBBM

AN INVESTMENT IN THE FUTURE OF KUALA LUMPUR

Kuala Lumpur’s real estate is poised to enter a new golden era, 

aided in no small way by the Greater Kuala Lumpur/Klang Valley 

Plan. As always, the development of new transportation routes 

will call for more comprehensive Work-Play-Live options. This was 

the reason behind the success of the entire Kuala Lumpur Sentral 

development. 

Q Sentral, located within Kuala Lumpur Sentral development, 

is your last opportunity to invest in what will be Kuala Lumpur’s 

newest corporate hub. Already key multinational and local 

corporations plan to decentralise their offices to Kuala Lumpur 

Sentral. Q Sentral will meet their needs. 

Q Sentral is destined to become an iconic landmark in the 

Kuala Lumpur skyline. And for the shrewd investor, Q Sentral 

is a gilt-edged commercial investment that will pay dividends 

for a long time to come.

FROM MRCB

Electrical Power Interconnection Project Between Sumatera, Indonesia And Peninsular Malaysia

The Electrical Power Interconnection Project between Sumatera, Indonesia and Peninsular Malaysia is one of the projects which have been identified under the proposed ASEAN Power Grid. Since the late eighties, several technical and commercial studies have been carried out jointly by Tenaga Nasional Berhad (TNB) and PT PLN (Persero) to identify the viability and advantages of the project. PT PLN (Persero) is the governmental body that is responsible for all matters related to electricity supply in Indonesia. The findings of all the joint studies commissioned to date have confirmed that the electrical power interconnection is both technically and economically feasible and brings benefits to both Indonesia and Malaysia. The electrical interconnection project will comprise of about 200km of 250kV overhead High Voltage Direct Current (HVDC) double circuit and two 57km of 250kV HVDC submarine cables. The interconnection will have a capacity of 600MW and is scheduled to be operational by 2015. The interconnection will definitely increase the reliability of the power supply systems of both countries. Hence, full support and cooperation of both the Governments of Indonesia and Malaysia is critical in ensuring the success of this electrical interconnection project. TNB and PLN jointly signed the "Head of Agreement" for this project recently on 23 October 2009 in Kuala Lumpur.

FROM TENAGA NASIONAL BERHAD