Malaysia set to be RE powerhouse due to being the geopolitical eye of the storm, say industry players

KUALA LUMPUR: Malaysia is poised to become a powerhouse in clean and renewable energy in the Southeast Asian region, especially with the emergence of high-tech industries driving up the electricity demand, say industry players.

Speaking at the KL20 Summit 2024 during a forum titled "The Future of Clean Energy,” OCI Holdings Ltd chairman Lee Woo-Hyun highlighted several factors making Malaysia an attractive destination for energy investments which include its strategic geographical location, abundance of potential human capital and the conducive policies adopted by the government.