Monday, January 31, 2011

PRIME MINISTER OF MALAYSIA RECOGNISES MASDAR AS A DRIVING FORCE IN THE DEVELOPMENT OF A GLOBAL SUSTAINABILITY INDUSTRY



Prime Minister of Malaysia Datuk Seri Najib Tun Razak uses visit to see the visible progress of Masdar City and to explore further collaboration between the two nations

Abu Dhabi, 31 January 2011: Today, the Prime Minister of Malaysia Datuk Seri Najib Tun Razak visited the Masdar Institute campus at Masdar City, to see firsthand the momentum and progress of Abu Dhabi’s world-renowned, sustainable and cutting-edge urban development. The Prime Minister also met with Dr Sultan Al Jaber, CEO and managing director of Masdar, to discuss how the two nations can collaborate to innovate and commercialise renewable energy and clean technologies.

Prime Minister Datuk Seri Najib Tun Razak, said: “Abu Dhabi has emerged as a leading global hub for innovations in renewable energy, clean technology and the environment.  The world is waiting, as the bold Masdar initiative discovers a roadmap to accelerate the adoption of renewable energy and provide practical and scalable solutions for a more sustainable tomorrow. Abu Dhabi and Masdar are advancing global progress and tackling the critical energy challenges our world faces. Malaysia applauds these efforts.”

Dr Sultan Al Jaber, CEO and managing director of Masdar, said: “It is an honour and a privilege to welcome the Prime Minister of Malaysia to Abu Dhabi and Masdar City. This visit underscores the global recognition of the vision of the leadership of the UAE embodied by Masdar as an innovator in renewable energy and clean technology. By developing a gathering place for collaboration, and making clean energy viable, the UAE is evolving into a commercial catalyst for clean technologies globally.”  

Masdar is Abu Dhabi’s multi-faceted initiative advancing the development, commercialisation and deployment of renewable and alternative energy technologies and solutions. The company serves as a link between today’s fossil fuel economy and the energy economy of the future - developing a pathway for how we will live and work tomorrow. Backed by the Mubadala Development Company, an investment vehicle of the government of Abu Dhabi, Masdar is dedicated to the Emirate’s long-term vision for the future of energy.

Masdar City, one of the most sustainable cities in the world, is an emerging global hub for innovation and the commercialization of renewable energy and clean technologies. The city offers a fertile environment to inspire creativity, growth and commercialization opportunities to the companies and organizations operating in this strategic business sector.

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