11th International Greentech & Eco Products Exhibition & Conference Malaysia
19-23 October 2020 | Virtual Event

First virtual IGEM 2020 generates RM3.4bil investment interest

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Virtual IGEM 2020 Garnered RM 3.4 Billion Business Lead.

The IGEM 2020 Virtual platform which featured 161 exhibitors registered more than 15,000 visitations from 79 countries and clocked up to 10,000 participants engaging in the 55 conference sessions and 77 pocket talks, throughout the event from October 19-23 last year.

KUALA LUMPUR: The first virtual edition of International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2020) has delivered beyond  two-fold of target business leads of RM1.6 billion, achieving a pipeline of RM3.4 billion investment interest.

Disclosing this yesterday, the Ministry of Environment and Water said the leads had been computed from the RM3.08 billion potential investments from 64 projects recorded by the Malaysian Investment Development Authority (Mida) and RM339 million in potential exports recorded by the Malaysia External Trade Development Corporation (Matrade), during Matrade’s International Sourcing Program (INSP).

The IGEM 2020 Virtual platform which featured 161 exhibitors registered more than 15,000 visitations from 79 countries and clocked up to 10,000 participants engaging in the 55 conference sessions and 77 pocket talks, throughout the event from October 19-23 last year.

Environment and Water Minister Datuk Seri Tuan Ibrahim Tuan Man said it was a commendable feat that IGEM 2020 had surpassed its targets, despite being held virtually for the very first time and against a backdrop of global economic uncertainty.

Ibrahim said given the success, IGEM 2021 would take on a virtual platform again and offers sponsors, exhibitors, participants, as well as all other stakeholders’ greater visibility, flexibility, and opportunities to work with the ministry in catalysing growth in the national, regional and global green economy.

IGEM 2021 may run over a period of six months to create more value and opportunities to its exhibitors and visitors.

Targeting RM2 billion in business leads with 200 exhibitor booths and over 10,000 visitors from 20 countries this year, IGEM 2021 will also see the reaffirmation of investment strategic partner, Mida and business-matching partner, Matrade to organise the much-in-demand business matching sessions for the twelfth consecutive year.

IGEM 2021 Virtual will be co-organised by the Malaysian Green Technology and Climate Change Centre, the ministry’s lead agency in charge of developing and implementing new programmes on green growth, climate change mitigation and climate change adaptation; in line with the nation’s green agenda.

IGEM 2021 Virtual will kick-off on July 1, 2021 until December 31, 2021.

Source : NST