KUCHING, Nov 2: Deputy Prime Minister Dato Seri Fadillah Yusof and Deputy Premier of Sarawak Datuk Amar Awang Tengah Ali Hasan have met with Abu Dhabi Future Energy Company (Masdar) chief executive officer (CEO) Mohamed Jameel Al Ramahi to discuss the country’s potential investment in renewable energy projects in Sarawak.
According to a press release issued today, Awang Tengah, who is also International Trade, Industry, and Investment (Mintred) Sarawak minister and Natural Resources and Urban Development second minister, welcomed Masdar to explore investment opportunities in Sarawak and explained that the development of green renewable energy, particularly solar energy, is strongly encouraged under Sarawak’s economic development strategy that incorporates sustainability.
“Sarawak is very committed and serious in developing carbon capture, utilisation and storage (CCUS) and has put in place the rules, regulations, and standards to facilitate the development of this industry, one of the first in the region,” read the press release.
It continued stating: “Masdar, the Abu Dhabi Future Energy Company, is a global leader in renewable energy and sustainable technologies.
“In October this year, Masdar has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia’s sustainable energy transformation.”
The press release noted that Awang Tengah thanked Fadillah, who is also Plantation and Commodities (KPK) minister, for arranging the meeting and will facilitate the company in their endeavour as they seek out opportunities in Sarawak.
Also present at the meeting were Mintred acting permanent secretary Dzulkornain Masron; Ministry of Energy and Environmental Sustainability (Meesty) permanent secretary Abang Ahmad Morni, Land and Survey Department Sarawak director Datu Abdullah Julaihi, Petros senior vice president corporate strategy Abang Arabi Abang Narudin, Sarawak Energy Berhad (Sarawak Energy) Business Development senior manager II Nicholas Chong, Invest Sarawak CEO Timothy Ong, and senior officials from MIDA. – DayakDaily
