Yinson has entered into a strategic partnership agreement with Selangor Information Technology & Digital Economy Corporation (“Sidec”), to implement and expand sustainable initiatives in Selangor, starting with the promotion of electric bikes and battery-swapping solutions offered through Yinson’s green technologies business unit, Yinson GreenTech (“YGT”).
The agreement aims to reduce carbon emissions, promote green transportation, and improve mobility in Selangor, aligning with the state’s aspiration to be a smart, liveable, and prosperous state as outlined within the Selangor government’s First Selangor Plan (Rancangan Selangor Pertama or “RS-1”) 2021-2025.
The exchange of agreement was formalised by Yinson Group Executive Chairman Mr Lim Han Weng and Sidec Chief Executive Officer Mr Yong Kai Ping during the 8th Selangor Smart City & Digital Economy Convention (“SDEC”) 2023, held at Kuala Lumpur Convention Centre. The exchange was witnessed by Minister of Science, Technology, and Innovation Tuan Chang Lih Kang, Member of the Selangor State Executive Council (Selangor Exco) Puan Jamaliah Binti Jamaluddin, Menteri Besar Selangor Incorporated (MBI Selangor) Chief Operating Officer Mr Saipolyazan Bin Mat Yusop, and Yinson Non-Independent Executive Director Mdm Bah Kim Lian.
During the SDEC 2023, guests visited Yinson’s ‘green ecosystem lifestyle’ concept booth where they were briefed on the range of green technologies solutions offered by the Group. These included fast chargers by YGT’s charging infrastructure business chargEV, e-bikes with swappable batteries by YGT’s micromobility business rydeEV, smart e-vans by YGT’s electric vehicle leasing business drivEV, and the Robotani autonomous agriculture robot by autonomous robotics technology company eMoovit. Also featured at the booth were Yinson’s partners, telematics system developer Navipulse, and ride-pooling transportation platform Kumpool.
Yinson Group Executive Chairman Mr Lim Han Weng said, “One of YGT’s key strategies is to relentlessly drive innovation in alignment with government incentives and work with corporations, local governments, and communities to realise their net zero ambitions. We are excited to work with Selangor, Malaysia’s primary port of entry and largest economy, to realise its transformation into ASEAN’s digital hub, including the implementation of a technology-driven, green transportation system. We believe this agreement paves the way for Yinson’s future collaborations with other local governments towards achieving the nation’s commitment to attaining net zero by 2050.”
Selangor Information Technology & Digital Economy Corporation Chief Executive Officer Mr Yong Kai Ping said, “We are excited to work with Yinson to propel Selangor as the digital hub of Southeast Asia. This ambition calls for joint effort between public and private sectors in pursuing our shared goal of developing a holistic, sustainable ecosystem encompassing both digital innovation and robust physical infrastructure. Only through partnerships such as these can we advance Malaysia’s journey towards carbon neutrality by 2050.”
RS-1 2021-2025, introduced in July 2022, outlines the strategic direction of the state’s comprehensive five-year development plan. The plan encompasses short, medium, and long-term goals, with a vision to transform Selangor into a smart, prosperous, and liveable state by 2025. It is structured around four guiding themes: strengthening the economy, enhancing social inclusivity and wellbeing, advancing sustainability, and building S.M.A.R.T. and effective governance.
