Malaysia can attract power sector investments from Taiwan

NEW YORK: Though the visiting Taiwanese business delegation, comprising companies engaged in the island’s energy sector, has closely monitored developments in Malaysia’s power sector they are unaware of the extent of incentives the Malaysian Government will extend to them if they collaborate with Malaysian firms by offering technology or participating with capital.

The delegation, which is led by Taiwan’s Deputy Economics Minister Dr Hwang Jung-Chiou, is currently visiting the US to scout for business opportunities and identify corporate partners in the energy sector as many federal states in the US are giving priority to tapping what is euphemised as “green energy.”