Sarawak is poised to accelerate the growth of its hydrogen economy with the highly anticipated Asia Pacific Green Hydrogen Conference & Exhibition (APGH) 2024.
Set to take place from June 11-13, 2024, at the Borneo Convention Centre Kuching, Sarawak, this event is set to propel the destination to the forefront of the green hydrogen revolution.
“In the Asia-Pacific region, the demand for green hydrogen is expected to grow by 50 per cent per year over the next decade. As such, there is a need to ramp up the development and construction of Green Hydrogen plants. Over the last year, it was announced that production volumes for Hydrogen have increased by more than 40 per cent to 38 million tones per annum of additional capacity, roughly half of what the world needs by 2030 to be on track to meet the net zero emissions commitment by 2050.
“Hence, there is a need to move the projects from feasibility to Front End Engineering Design or FEED stage, to the construction phase and ultimately operations. I am happy to share that our hydrogen projects are currently in the FEED stage and the Final Investment Decision (FID) is planned for next year,” said Hazland bin Abang Hipni, deputy minister for energy and environmental sustainability Sarawak, at the launch of the event in Kuala Lumpur.
He added that APGH 2024 will “bring together leading experts from around the world to discuss the latest developments in green hydrogen, especially in the technology, policy, regulation and infrastructure development space”. The event will also provide an opportunity for youths to learn about clean energy, the energy transition and green hydrogen.
During the launch event, OCBC Bank (Malaysia) Berhad (OCBC Bank) also solidified its commitment to sustainability and decarbonisation by becoming the Exclusive Financial Institution Partner for APGH 2024.
According to Tan Ai Chin, senior banker, managing director and head of investment banking of OCBC Bank, the Bank’s involvement is aimed at meaningfully contributing to the Sarawak State’s sustainability initiatives towards achieving its goal of a low carbon and inclusive green economy by 2030. The bank’s efforts would also contribute to the OCBC Group’s Net Zero ASEAN and Greater China target by 2050.
Anticipated to attract 100 exhibitors, 500 conference delegates and 4,000 trade visitors, APGH 2024 is organised by Borneo Business Connect, and supported by the Ministry of Energy and Sustainability Sarawak and Business Events Sarawak.
