10-10 MySTIE Framework
May 10, 2022Special Interest Group (SIG) on COVID-19
May 10, 2022Blue Economy promotes sustainable economic growth, social inclusion as well as preserving and improving human well-being, social equity and ensuring environmental sustainability of the oceans and coastal areas. Every year, Blue Economy generates a revenue of about USD 3 to 6 trillion globally.
Malaysia possesses an extensive coastal and marine areas of 614,159 square kilometres, almost twice its landmass and the size of its Exclusive Economic Zone (EEZ) alone is 453,186 square kilometres. Being a country with abundance natural resources, Malaysia has a huge potential in leveraging these advantages of the Blue Economy for its economic value and prospects.
