Memorandum of understanding

Malaysia Construction Industry Report 2023: Output is Expected to Grow by 6.6% in Real Terms in 2023 - Size, Trends Analysis by Sector, Competitive Landscape and Forecasts 2018-2022 and 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024

The "Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • Malaysia's construction industry is expected to grow by 6.6% in real terms in 2023, supported by the implementation of large-scale infrastructure projects, coupled with an improvement in foreign and domestic investment in the country.
  • The budget includes a total expenditure of MYR393.8 billion ($89.8 billion) for 2024 - which is 1.5% higher than that of the 2023 Budget.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Malaysia, featuring details of key growth drivers.

Carbonaires and the Republic of North Macedonia forge pioneering partnership to build robust Voluntary Carbon Markets

Retrieved on: 
Wednesday, January 3, 2024

LONDON, Jan. 3, 2024 /PRNewswire/ -- Carbonaires Limited ("Carbonaires" or the "Company"), the London-based carbon asset manager, today announces that it has signed a Memorandum of Understanding (MoU) with the Republic of North Macedonia (MKD) in a groundbreaking Public-Private Partnership (PPP) to develop robust Voluntary Carbon Markets (VCMs) within the country.

Key Points: 
  • LONDON, Jan. 3, 2024 /PRNewswire/ -- Carbonaires Limited ("Carbonaires" or the "Company"), the London-based carbon asset manager, today announces that it has signed a Memorandum of Understanding (MoU) with the Republic of North Macedonia (MKD) in a groundbreaking Public-Private Partnership (PPP) to develop robust Voluntary Carbon Markets (VCMs) within the country.
  • Mr. Fatmir Bytyqi, Deputy Prime Minister of the Republic of North Macedonia said:
    "This partnership marks a significant step in the decarbonisation of our nation.
  • The Republic of North Macedonia believes Public Private Partnerships are the key to unlocking a robust Voluntary Carbon Market, evidenced through our collaboration with Carbonaires.
  • Mr. Eser Cevahir, Honorary Consul of North Macedonia to Turkey said:
    "We are excited to partner with Carbonaires in this groundbreaking initiative.

QIAGEN expands business in Middle East with new regional headquarters and major projects

Retrieved on: 
Wednesday, January 3, 2024

“At QIAGEN, we believe that improving healthcare outcomes starts with a strong foundation of collaboration and innovation, and we are excited to play a crucial role in advancing health and well-being throughout the Middle East.

Key Points: 
  • “At QIAGEN, we believe that improving healthcare outcomes starts with a strong foundation of collaboration and innovation, and we are excited to play a crucial role in advancing health and well-being throughout the Middle East.
  • To accommodate its growing regional presence and customer needs, QIAGEN will inaugurate its new regional headquarters in Riyadh, Saudi Arabia, at the beginning of 2024.
  • This office will further strengthen the company’s commitment to the Middle East and improve its ability to serve clients in the area.
  • The CDC and WHO endorse the use of QuantiFERON-TB Gold Plus in all settings to combat the global TB epidemic.

MC and CP Group to Conduct Feasibility Study on Decarbonizing Thai Manufacturing

Retrieved on: 
Monday, December 18, 2023

TOKYO, Dec 18, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has signed a memorandum of understanding (MoU) with Bangkok-based Charoen Pokphand Group Co., Ltd. (CP) to conduct a feasibility study (FS) on decarbonizing Thailand's manufacturing industries.

Key Points: 
  • TOKYO, Dec 18, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has signed a memorandum of understanding (MoU) with Bangkok-based Charoen Pokphand Group Co., Ltd. (CP) to conduct a feasibility study (FS) on decarbonizing Thailand's manufacturing industries.
  • To determine the feasibility of supplying carbon-free power generated in the surrounding region to Thailand, assisting with the country's efforts to decarbonize, and helping its manufacturing industries to become more competitive.
  • MC has a strong track record of developing renewable energy, starting with projects in Europe and Japan.
  • We will continue to do our part to decarbonize our planet and ensure a sustainable future for all who call it home.

MHI and ITB Advance R&D Collaboration to Explore Zero Carbon Technologies in Indonesia

Retrieved on: 
Monday, November 20, 2023

I Gede Wenten (Vice Rector/ITB) at signing ceremony of joint R&D agreement to explore zero carbon technologies

Key Points: 
  • I Gede Wenten (Vice Rector/ITB) at signing ceremony of joint R&D agreement to explore zero carbon technologies
    The collaboration seeks to propel MHI and its power solutions brand, Mitsubishi Power, toward the integration of the proven technologies in its H-25 gas turbine and to facilitate the realization of ammonia co-firing in Indonesia.
  • It will include developing equipment and testing the combustion of these fuels for the purpose of power generation.
  • Our proven track record with hydrogen and ammonia, and promising collaboration with ITB has already demonstrated the potential feasibility of utilization of cleaner fuels in Indonesia.
  • Representatives from Mitsubishi Power and ITB also presented technical insights on combustion technologies for gas turbines as part of Enlit Asia's Knowledge Hub.

Indonesia and Japan Forge Deals in Energy and Transportation Support

Retrieved on: 
Wednesday, December 20, 2023

JAKARTA, Dec 20, 2023 - (ACN Newswire) - During his visit to Japan, Indonesian President Joko Widodo obtained support in several sectors, including energy, transportation, and the economy.

Key Points: 
  • JAKARTA, Dec 20, 2023 - (ACN Newswire) - During his visit to Japan, Indonesian President Joko Widodo obtained support in several sectors, including energy, transportation, and the economy.
  • During Monday's inaugural AZEC Summit (Asia Zero Emission Community), Indonesia obtained at least 24 energy transition projects.
  • Indonesia considers it essential to support cooperation in decarbonization through inclusive financing and the transfer of low-carbon technology.
  • Indonesia hoped Japan would support its downstream mineral industry and emerge as a crucial player in the global supply chain of electric vehicle batteries.

Legacy Trustee Ltd Partners with Prominent Financial and Educational Collaborators in Labuan International Business and Financial Centre on Wealth Management Portfolio

Retrieved on: 
Wednesday, November 15, 2023

The wealth management involves some strategic management of financial assets, to achieve an individual and family financial goals.

Key Points: 
  • The wealth management involves some strategic management of financial assets, to achieve an individual and family financial goals.
  • As Labuan IBFC is a leading international business and finance centre that offers a wide range of financial products and services, including the new in demand wealth management mechanism named Labuan Foundations.
  • The Malaysian government, through Labuan Financial Services Authority ("Labuan FSA"), having a wide array of financial products and services, and skilled workforce, is committed to developing Labuan as a world-class sustainable financial centre.
  • He added, "Today's MoU symbolises our commitment to enrich wealth management, estate planning, and cross-financial institutional and legacy academy collaborations.

Plans for Electric Vehicle Battery Charging Facilities in Southeast Asia with Groundbreaking Battery Checking Service

Retrieved on: 
Thursday, November 9, 2023

Santa New Energy is an important strategic investment of Contemporary Amperex Technology Ltd (CATL), the world's leading battery provider and the largest maker of electric vehicle (EV) batteries.

Key Points: 
  • Santa New Energy is an important strategic investment of Contemporary Amperex Technology Ltd (CATL), the world's leading battery provider and the largest maker of electric vehicle (EV) batteries.
  • The planned battery charging and checking centre will be equipped with battery online detection technology pioneered by Santa New Energy to provide complete and comprehensive battery checking in a single charge process without the need to dismantle the vehicle or change the vehicle strategy.
  • This collaboration promises a more reliable and friendly EV charging infrastructure that can simultaneously check the battery health while providing a charge to the vehicle.
  • More detailed information on the locations of the battery checking facility will be announced at later dates.

First 5G-ACIA General Assembly in Taiwan to Unlock Global 5G Market

Retrieved on: 
Friday, December 29, 2023

The Industrial Technology Research Institute ( ITRI ) facilitated the signing of a memorandum of understanding (MoU) between 5G-ACIA and Taiwan Association of Information and Communication Standards (TAICS), aligning Taiwanese manufacturers with global 5G Industrial Internet of Things (IIoT) standards.

Key Points: 
  • The Industrial Technology Research Institute ( ITRI ) facilitated the signing of a memorandum of understanding (MoU) between 5G-ACIA and Taiwan Association of Information and Communication Standards (TAICS), aligning Taiwanese manufacturers with global 5G Industrial Internet of Things (IIoT) standards.
  • "As a world-class think tank with global connections, ITRI facilitated the 5G-ACIA General Assembly to take place in Taiwan and promote global standards for 5G smart manufacturing through the collaboration between 5G-ACIA and TAICS.
  • Bringing together leading telecommunications players is advantageous for Taiwan to access the global supply chain and market," said Ting.
  • This collaboration enables us to exchange technical documents, industrial standards, and current developments in 5G smart manufacturing.

Copenhagen Infrastructure Partners signs MoU with Mexican authorities for Helax Istmo, a green hydrogen project

Retrieved on: 
Friday, December 22, 2023

Ole Kjems Sørensen, partner at CIP and co-head of Growth Markets Funds, said: “This MoU showcases our long-term commitment to Mexico through the development of a pioneering project that offers green maritime fuels at scale -- a first for the region. We would like to thank the Mexican authorities for their continued interest and support, and we look forward to continuing to engage constructively with national and local stakeholders and further develop Helax.”

Key Points: 
  • Under the MoU, the parties agree to collaborate to support the development of a large-scale, integrated renewable energy project in Oaxaca, Mexico.
  • Helax Istmo is projected to produce green hydrogen and green maritime fuels, contributing materially to Mexico’s sustainable development goals, as well as to the decarbonization of the shipping industry globally.
  • The MOU was signed in the presence of Mexican president Andrés Manuel López Obrador, who has recognized the project’s transformational impact for the Isthmus.
  • When fully operational, Helax is ideally placed to cater to the growing demand for green shipping fuels and make a significant contribution to the decarbonization of the global shipping industry.”
    The MoU acknowledges that Helax will undergo formal indigenous and social consultations under Mexican law.