Lack of local company participation in renewable energy: Jomo

Malaysia can eventually opt out of the CPTPP simply by not ratifying it. Such a diplomatic approach should not embarrass Japan, Australia, Singapore and others remaining for geo-strategic or other pretexts

KUALA LUMPUR: Malaysia has enormous potential in the renewable energy sector but unfortunately there is a lack of participation by local companies in this area, says economist Prof Jomo Kwame Sundaram.

Jomo said although Malaysia is the largest solar panel exporter to the United States, most of the participants in the market are foreign companies based in Malaysia.