00:00To deal with the climate crisis, environmental degradation and resource depletion, we have
00:09the National Energy Transition Roadmap 2030 and the recently launched National Climate
00:16Change Policy 2.0 to transform our energy sector, reduce emissions and ensure that we
00:23meet our climate targets.
00:25While Malaysia has long been a global player in electronics and electrical manufacturing,
00:33we must now pivot towards more sustainable technologies and practices while moving up
00:39the semiconductor value chain in the global supply network.
00:46As the demand for advanced chips continues to spike in tandem with the proliferation
00:53of artificial intelligence, EVs and autonomous driving, as well as in response to a host
01:02of geopolitical and geoeconomic factors, the National Industrial Master Plan 2030 must
01:10be nimble enough to make the necessary adjustments to respond to the vagaries of market forces.
01:19And as we look ahead to our ASEAN Chairmanship in 2025, in fact technically next week itself,
01:29Malaysia is prepared to lead with a vision of unity, inclusivity and collaboration.
01:36Even geopolitical divisions threaten the stability of our region, but through shared
01:41leadership and a policy of strong neutrality, or we call it centrality, we can overcome
01:48these changes, inshallah.
01:51And as we may go beyond ASEAN, as we explore the partnerships with BRICS, which will deepen
02:00global south-south relationships, we reiterate the paramount importance of adhering to a
02:09rules-based order, regionally and internationally, but we reject the hypocrisy and double standards
02:19observed by those when it suits them.
02:22Likewise, the world needs a new financial architecture, founded on the principles of
02:28equity, fair play and justice, and we cannot continue to be disadvantaged by the anomalies
02:38and aberrations of the Bretton Woods system.
