How much Japanese government funding supports the C4 project for five years?

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Japanese Government Funding for C4 Project Totals RM80 Million Over Five Years

The Chitose Carbon Capture Central (C4) project is receiving approximately 2.5 billion yen, which is equivalent to over RM80 million, from the Japanese government. This financial support is designated for a five-year period, concluding at the end of fiscal year 2024. The initiative aims to demonstrate the large-scale, year-round production of microalgae biomass.
Five-Year Funding Commitment

The Japanese government's commitment to the C4 project spans five years, with funding allocated until the conclusion of fiscal year 2024. This substantial financial backing, amounting to more than RM80 million, underscores the government's investment in developing innovative biomass production technologies. Following this initial funding phase, the C4 facility is intended to transition to commercial production of various products derived from microalgae biomass.
Project's Objective and Scope

The primary goal of the Japanese government's funding is to showcase the feasibility of mass microalgae biomass production on an ongoing basis. The current microalgae cultivation farm at C4 occupies approximately five hectares. However, there are ambitious plans for expansion, with projections to increase the farm's area to 100 hectares within the next three years and subsequently to 2,000 hectares by 2030.
Collaborative Effort and Strategic Location

This significant project is a collaborative effort involving Chitose Laboratory Corp, the Sarawak Biodiversity Centre (SBC), Sarawak Energy Bhd (SEB), and ENEOS Corporation. The selection of Sarawak as the location for this microalgae farm was influenced by several factors, including the state's consistent ideal temperatures, ample freshwater resources, and its geographical safety from major natural disasters like typhoons and earthquakes. Furthermore, Sarawak's strategic position provides convenient access to key international markets such as Japan, Taiwan, China, and Singapore, alongside a readily available skilled local workforce.

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How much Japanese government funding supports the C4 project for five years?

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