KUALA LUMPUR - THE AMERICAN Malaysian Chamber of Commerce (Amcham) has set up the Malaysian Alternative and Renewable Industry Committee (MARI) in recognition of the strategic importance of the renewable energy sector to Malaysia's future economic growth.

In a statement here on Tuesday, Amcham said the committee would represent the industry's interests and would work with the Malaysian government in support of a national renewable energy and to develop industries that produce alternative energy-related products and services.

'MARI will also work with the government to encourge greater utilisation of renewable energy and to develop industries that produce alternative energy-related products and services,' it said.

Amcham president, Karen Albertson, said greater efforts must be undertaken to encourge the consumption of renewable resources, such as solar, wind, biofuel and hydro for electricity generation in Malaysia.

'The committee will work closely with the government and be the industry adviser on alternative energy policy development, provide constructive feedback and recommendations on industry concerns to the Malaysian government,' she said.

Albertson said the committee would foster relationships with other industry bodies with similiar interest, and also create smart partnership and facilitate information exchange.

She said the committee comprised Amcham's corporate members with business interests in renewable energy.

Albertson said MARI's primary objective was to represent members operating in the renewable energy industry, by providing a platform for them to develop greater awareness of the industry and its needs.

'It will also help the private sector to collaborate with the Malaysian govenment in support of increased foreign direct investment and policymaking for this fast-growing industry,' she said. -- Bernama