AmBank Islamic Supports Sustainable Waste Management Venture In Pengerang, Johor With RM285 Million Green Financing

KUALA LUMPUR, June 21 (Bernama) — AmBank Islamic Berhad (AmBank Islamic) is pleased to announce its RM285 million green financing for Econas Resource To Energy Sdn Bhd (ER2E) to develop the Resource Recovery and Disposal Complex (RRDC) and Resource to Energy-Scheduled Waste (R2E-SW) in Pengerang, Johor. This initiative marks a significant step towards sustainable waste management in Malaysia, particularly in the strategic development area of Pengerang Integrated Petroleum Complex (PIPC), the southern hub of Malaysia’s downstream oil and gas industries.

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