IATA urges Malaysian government to introduce incentives or tax credits in Budget 2025 to support SAF

October 1, 2024 |

In Malaysia, The Star reported that the International Air Transport Association (IATA) urged the Malaysian government to consider introducing incentives or tax credits in the upcoming Budget 2025 to support Malaysia’s emerging sustainable aviation fuel industry. IATA’s regional vice-president for North Asia and Asia Pacific Xie Xingquan, said long-term government support and stable policies for research and development in energy transformation, especially for SAF in Malaysia, would also be crucial. “This is regarding the recovery of Malaysia’s aviation sector, which is progressing well, with full recovery expected in 2025,” he said. Xie also mentioned that the recent launch of the Malaysia Aviation Decarbonisation Blueprint (MADB) was seen as encouraging.

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Category: SAF

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