Japan's Interest in Malaysia's Green Hydrogen Sector
Key Ideas
- Japan expresses continued interest in investing in Malaysia's green hydrogen sector, signaling potential growth and collaboration.
- Malaysia, as the future ASEAN chair, receives support from Singapore, Vietnam, Brunei, and Japan for its energy transition and renewable energy strategies.
- Discussions at the APEC Energy Ministers Meeting in Lima include topics such as halal certification, SME capacity development, and the 3rd Asia Zero Emission Community Ministerial Meeting.
- The issue of third party access in the electricity supply industry is on the agenda, with plans to announce mechanisms and rules in September.
Deputy Prime Minister Datuk Seri Fadillah Yusof highlighted Japan's keen interest in investing in Malaysia's green hydrogen sector. Japan has already made investments in Sarawak and aims to further support Malaysia in this industry. The focus on green hydrogen comes as Sarawak gears up for large-scale production targeted mainly at the Japanese market. During Fadillah's visit to Peru for the APEC Energy Ministers Meeting, discussions with countries like Singapore, Vietnam, Brunei, and Japan emphasized support for Malaysia's energy transition and the importance of clean and renewable energy sources. As Malaysia prepares to take the ASEAN chair position, bilateral meetings addressed strategies for a sustainable energy transition and security of energy supply. Additionally, topics such as halal certification, SME development, and the upcoming Asia Zero Emission Community Ministerial Meeting in 2025 were discussed. The meeting also touched upon the implementation of third party access in the electricity supply industry, with plans to unveil details in September following an industrial dialogue. The APEC Energy Ministers Meeting aimed to foster collaboration and drive the energy transition across the Asia-Pacific region.
Topics
Investing
Clean Energy
Investment
ASEAN
APEC
Halal Certification
SME Development
Energy Ministers Meeting
Third Party Access
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