Kuala Lumpur (VNA) – Malaysia is formulating the Malaysia Blue Economy Blueprint to harmonise policies, strategies and investments across sectors linked to oceans and coasts.
Deputy Minister of Economy Datuk Hanifah Hajar Taib said the 13th Malaysia Plan recognises the Blue Economy as a national priority and outlines a holistic approach to unlock its potential.
She said the initiatives include strengthening governance of coastal and marine areas, enhancing strategic industries such as aquaculture, green shipping and renewable ocean energy, and preserving biodiversity through marine protected areas and community-based coastal management.
Malaysia hopes this blueprint will also contribute to ASEAN’s collective aspirations, serving as a model for national-level implementation that complements the ASEAN Blue Economy Framework, she said in her keynote address at the 3rd ASEAN Blue Economy Forum.
Malaysia, as ASEAN Chair this year, will continue to advance the Blue Economy as a defining pillar of regional cooperation.
The official underlined that only through closer collaboration can ASEAN unlock the full potential of its seas, coastal and marine ecosystems, as well as inland freshwater resources, to drive inclusive and sustainable growth.
The forum’s discussions focused on blue financing and investment, science and technology innovation, workforce development and the importance of stronger ASEAN partnerships./.
Reference : Malaysia intensifies blue economy plan | Vietnam+ (VietnamPlus)