M’sia set to draw more carbon neutral FDI

Cheah: The country’s commitment to large-scale solar power growth as the main source of the renewable energy mix gives the private sector a market signal to back projects in this space.

PETALING JAYA: Malaysia stands the chance to attract more foreign direct investment (FDI) into its carbon neutral projects with the Asean region doubling down on sustainability commitments, according to HSBC Malaysia.

Its head of global banking Christina Cheah told StarBiz the country’s persistent drive to develop and upgrade its infrastructure and align it with the region’s sustainability targets is opening up wide-ranging opportunities.