Malaysia Integrated Algae Valley (MIAV)
Malaysia Integrated Algae Valley (MIAV) will be established on a 2,000ha site owned by Pahang Biodiesel Corp Sdn Bhd (PBC) in Rompin, Pahang.
The signing of a memorandum of agreement between PBC and Algaetech International Sdn Bhd today will pave the way for the establishment of the algae valley.
“PBC has appointed Algaetech International as its technology provider, and the turnkey collaborator in the MIAV,” Algaetech International said in a statement.
Algaetech, which has its headquarters at Technology Park Malaysia in Bukit Jalil, is involved in the development and commercialisation of algae for the energy, clear technology and nutraceutical industries.
The Integrated Mix Project has been mapped and segregated by a phase and zoning that concentrates to produce algae biomass, aquaculture products, biodiesel, jet-fuel and generate renewable energy as the main revenues stream.
This project offers investors a unique opportunity, addressing this global concern while reaching beyond the scope of simple monetary gains and into the realm of environmental and humanitarian contributions.