Building Energy Market is expected to grow 6% annually: Interview with NEAPOLI's CEO on the STAR Newspaper©

PETALING JAYA, 6 Dec 2021:

In this week’s business edition of the Star newspaper, NEAPOLI’s CEO was interviewed by Daljit Dhesi on the thriving green building movement in the Asia Pacific. The Star is Malaysia’s top English-speaking newspaper in circulation.

“As governments worldwide step up efforts to combat climate change, the building energy efficiency market in Malaysia is gaining momentum.”  “The market is projected to grow steadily by 6% per year until 2030 both in Malaysia and globally, with the highest growth expected in India, China and in the ASEAN.” He told StarBiz: “This is because buildings are responsible for over 40% of global energy use and governments are intensifying efforts to combat climate change.

“A great emerging trend in the industry is digitalisation which is transforming the energy landscape and enables progress toward continuous energy efficiency improvements.” He added that emerging digital technologies are introduced into buildings to enable greater energy efficiency gains. These include building information modelling, active energy management systems, data-driven consumer engagement platforms, and new performance-based revenue models.

To have a stronger foothold in the green, environmental and energy market, the company recently launched the Carbon Index (CI). The CI is an accreditation system that benchmarks energy use and carbon emissions of buildings.


“Over the past years, we became more process-oriented which enabled us to access markets that require efficiency and effectiveness. 

“So although Neapoli has been traditionally associated with mega-constructions and new platinum-rated green buildings, recently we have gained a big market share in the growing but competitive markets of energy retrofitting and workspace improvement,” he noted.


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