Fadillah: Malaysia's energy transition development attracts interest of Japanese

Deputy Prime Minister Datuk Seri Fadillah Yusof

KUALA LUMPUR: The rapid development of Malaysia’s energy transition, especially green and renewable energy and the overall energy market has attracted the interest of the Japan Bank for International Cooperation (JBIC).

Deputy Prime Minister Datuk Seri Fadillah Yusof said this is in line with the ASEAN Power Grid (APG) initiative, the main agenda to drive Malaysia, ASEAN as well as the global agenda for inclusive and equitable energy development as it assumes the ASEAN chair next year.

"Japan also voiced the interest of various companies related to submarine cable manufacturing to invest and thinks Malaysia is the best country for that," he said in a post on his official Facebook page, today.

Earlier, Fadillah who is also the Energy Transition and Water Transformation Minister (PETRA), held a meeting with JBIC chairman and special adviser to the Japanese Government, Tadashi Maeda, at his office in Parliament.

The meeting was a follow-up to Maeda’s meeting with Prime Minister Datuk Seri Anwar Ibrahim yesterday on Japan's commitment to raise existing investments by attracting more investors from Japan to Malaysia.

PETRA Deputy Secretary-General (Energy) Datuk Mohamad Razif Abd Mubin was also present at the meeting. - Bernama