WECP AGM - MEMBERS TO SHARE OIL, GAS AND ENERGY KNOWLEDGE AND SUCCESS
Kuala Lumpur is excited to be the host of World Energy Cities Partnership Annual General Meeting (WECP AGM) for 2018. With the theme Powering Collaboration for a Sustainable Future, many activities are lined up to showcase Kuala Lumpur’s potential to be the energy hub for ASEAN and discussion emphasizing on the importance of collaboration between renewable and non-renewable sources of energy in powering a sustainable future.
WECP AGM 2018 in Kuala Lumpur is where mayors, city officials, urban stakeholders and business delegates meet to exchange ideas and opinions, gain new insights on energy updates and to see the trend of future energy. Despite the majority of the planet’s electricity needs will still be fueled by coal and natural gas in the near future, there is also strong growth in nonhdyro renewables such as wind, solar and geothermal as an alternative energy towards a cleaner, more reliable and safer energy.
Kuala Lumpur will introduce to delegates about low carbon initiatives, towards achieving 70 by 30. 70 by 30 refers to the realization of 70% carbon emission intensity reduction by Gross Domestic Product by 2030, the ultimate goal in line with Kuala Lumpur’s vision of World Class Sustainable City 2030 and Kuala Lumpur’s commitment in contributing to national and global greenhouse gases emission mitigation.
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Partnering with International GreenTech & Eco Products Exhibition & Conference Malaysia (IGEM), WECP AGM delegates will get a chance to hear perspective from city mayors and experts on two compelling topics among urban stake holders which are initiatives done towards achieving smart city and sustainable development goal (SDG). WECP AGM delegates will be further informed on policies and way forward of energy in Malaysia in Energy Ministers Industry Dialogue.
Come and find out about city initiatives done by Think City. Think City is a community-focused urban regeneration organization. It aims to create a better, more sustainable city in Malaysia. Think City plays a part to strengthen the identity of Malaysian cities through arts, culture and heritage. Countless effort has been done in building conservation and restoration, heritage interpretation, space activation, preservation of intangible heritage, greening projects and adaptive reuse of underutilized buildings.
Delegates will get a chance to take a closer look River of life, a project that is set to reconnect the community with the river through a transformation that will make the riverfront a vibrant and high-economic value real estate.
Thinking of starting a business in Malaysia? As a developing nation, there are plenty of business opportunities. Malaysia is ranked 24 in 2017’s Ease of doing business global rankings, maintaining its 4th place in Asia after Singapore, Hong Kong, China and Taiwan. Delegates will then be brought over to take a closer look at reformation done, a friendlier government policy to make it easier to do business here.
WECP AGM delegates will be introduced to the ASEAN overview of oil and gas industry and cross industry synergies. The Malaysia’s oil and gas industry has flourished over the years to become among the region’s most dynamic owners of oil and gas reserves, and among the world’s largest producers of liquefied natural gas (LNG). National oil company, Petroliam Nasional Berhad (PETRONAS), a custodian for the country’s oil and gas resources, is now among the largest corporations on Fortune’s Global 500 list.