Fortescue Commits to Green Hydrogen Investment in Bintulu, Boosting Malaysia's Renewable Energy Sector
Key Ideas
  • Fortescue's investment in green hydrogen in Bintulu signals a significant advancement for Malaysia's renewable energy goals.
  • Prime Minister Anwar Ibrahim assures federal support for the establishment of Bintulu as a green hydrogen hub.
  • Discussions at WEF also focused on key investments from global corporations like DP World in Sabah and Google's expansion in Malaysia.
  • Anwar's presence at WEF aimed at positioning Malaysia as a competitive player in the global economy and fostering technological advancements.
During the World Economic Forum (WEF) meeting in Davos, Switzerland, Australian mining company Fortescue committed to investing in green hydrogen energy development in Bintulu, Malaysia. Prime Minister Anwar Ibrahim announced this partnership, emphasizing the Sarawak government's agreement and the federal incentives provided for establishing Bintulu as a green hydrogen hub. Apart from this, discussions with corporate leaders from global giants like DP World, AstraZeneca, and Google took place. Anwar also highlighted DP World's project in Sabah and Google's plans to expand its data center operations in Selangor. The forum also addressed leveraging artificial intelligence (AI) in sectors such as healthcare and education to align Malaysia with global technological advancements. Anwar's participation at WEF aimed to showcase Malaysia's competitiveness in the global economy, supported by key investments and initiatives for sustainable development.
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