Bernama – Government support to facilitate foreign investment

KUALA LUMPUR, May 27 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim said the government’s support would ensure that foreign investment would proceed smoothly and operations would commence on schedule.

He said the presence of a strong investor such as Mubadala Energy, an international energy company headquartered in Abu Dhabi with investments in seven countries including Malaysia, was in line with the government’s efforts to implement the National Energy Transition Roadmap (NETR).

“Malaysia welcomes this investment plan which also involves high-impact renewable energy projects,” he said in a post on his official Facebook page today.

The Prime Minister was accompanied by Mubadala Energy CEO Sheikh Mansour Mohamed Al Hamed and Minister of Investment, Trade and Industry Tunku Datuk Seri Zafrul Aziz at Prime Minister’s Office in Putrajaya today.

“The company (Mubadala Energy) is now actively committed to renewable energy initiatives and decarbonisation through investments in value chain developments such as blue hydrogen and carbon capture, utilisation and storage (CCUS).”

“During the meeting, I was briefed on Mubadala Energy’s investment focus and implementation progress in Malaysia,” Anwar said.


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