The ability to create and sustain economic performance is important for Nextgreen and our stakeholders. We strive for positive economic growth and sustained value for both our business and stakeholders as our business continues to evolve.

Nextgreen breaks new ground on the 18th May 2023 with a ceremony for the establishment of Collection and Processing Centre (CPC) at Gua Musang, Kelantan. The development plans include the establishment of the CPC, a state-of-the-art Pulp Mill, Animal Feed, and Organic Fertilizer plant. These developments in the industrial area of Bandar Dato’ Bentara will help contribute to Kelantan’s environmental and socioeconomic sustainability in the long term and Nextgreen’s corporate commitment towards environmental responsibility.

The completion of these developments is expected to have positive spillover effects in improving the local state and the nation’s economy, while also providing employment opportunities to the locals, including the Orang Asli communities.

We progressively take part in industry events to introduce our business and products to both the local and international markets. Nextgreen Global participated in the International Greentech & Eco Products Exhibition and Conference (IGEM) 2023 trade exhibition at the Kuala Lumpur Convention Centre. In response to the government’s call for Malaysian corporations to fulfill their ESG commitments through green technologies, our presence aimed to support the acceleration of national sustainability policies.

We also participated the National Biomass Conference 2023 held on the 6th to 7th Dec 2023, where Nextgreen’s innovative business model of the Oil Palm Biomass Collection and Processing Centre (CPC) has been highlighted as a pioneering example for the Biomass Hub in Malaysia. Our CPC business model is the first of its kind, not only in Malaysia but globally, especially in the context of oil palm biomass commercialization.

We recognise that our success depends in large part on our relationships and interactions with local communities, including community leaders, NGOs, local businesses and schools. The communities where we operate are home to our workforce. It is critical to understand the concerns and needs of our communities and address local challenges so that we can help build stronger communities and support the sustainability of our business. We contribute to the economy of local communities directly and indirectly through employment and training. Beyond this, we bring benefits to communities through our social investments and partnerships.

At the start of 2022, we engaged with the indigenous community, or locally known as the Orang Asli community within Paloh Hinai, where GTP, Pekan is located. The aim of the engagement was to understand education opportunities and challenges for the Orang Asli community in the area. This assessment project was led by an external consultant with the on-ground support of Nextgreen’s cross-functional team members, who were familiar with the local protocols and customs.