Malaysia Welcomes Foreign Investment in Energy Transition with Mubadala Energy
Key Ideas
  • Prime Minister Anwar Ibrahim highlights government support for smooth foreign investments aligned with the National Energy Transition Roadmap.
  • Mubadala Energy's investments in Malaysia focus on renewable energy projects including blue hydrogen and CCUS.
  • The meeting with Mubadala Energy's CEO discussed the implementation progress and future initiatives in Malaysia.
  • The presence of strong investors like Mubadala Energy indicates a positive step towards sustainable energy development in Malaysia.
Prime Minister Anwar Ibrahim of Malaysia expressed the government's commitment to supporting foreign investments, particularly in the energy sector, to ensure smooth operations and adherence to schedules. During a courtesy visit from Mubadala Energy's CEO, Sheikh Mansoor Mohamed Al Hamed, and Minister Tengku Datuk Seri Zafrul Aziz, Anwar highlighted the significance of investments in line with the National Energy Transition Roadmap. Mubadala Energy, a prominent international energy company, is actively engaged in renewable energy projects, decarbonation, and investments in blue hydrogen and CCUS initiatives. Anwar was briefed on the progress and focus of Mubadala Energy's investments in Malaysia, emphasizing the importance of such initiatives for the country's sustainable energy future. The collaboration with strong investors like Mubadala Energy marks a positive step towards achieving Malaysia's goals in renewable energy and environmental sustainability.
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