JV New Energy Transition, Sustainability Projects In Malaysia Model Examples - Japanese Ambassador

KUALA LUMPUR, April 25 (Bernama) -- Joint-venture new energy transition and sustainability projects in Malaysia will become model examples for the rest of Asia and beyond, said Japanese Ambassador to Malaysia, Noriyuki Shikata.

Shikata said that in addition to achieving carbon neutrality, various new decarbonisation cooperation projects are emerging in Malaysia.

“At the Japan-Malaysia summit meeting in January, Prime Minister Datuk Seri Anwar Ibrahim and his Japanese counterpart Shigeru Ishiba expressed their intention to further promote carbon capture, utilisation and storage (CCUS) and the use of hydrogen and ammonia as alternative fuels,” he said during the opening ceremony of Japanese Chamber of Trade and Industry, Malaysia’s (JACTIM) new office here.

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Both leaders also confirmed that Japan and Malaysia will co-host the Asia Zero Emission Community (AZEC) summit and ministerial meetings in Malaysia later this year in conjunction with Malaysia as the chair of ASEAN this year, .

“Japan has historically been one of the largest investors in Malaysia, with Japan’s total direct investment exceeding RM100 billion in 2024,” Shikata said.

He also highlighted appreciation for the Malaysian government for its very proactive and creative participation in the Osaka-Kansai Expo that was opened on April 13, showcasing Malaysia’s inspiring visions of sustainability and harmony under diversity.

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Meanwhile, JACTIM president Hiromitsu Narukama said the chamber remains fully committed to further contributing to Malaysia’s economic development.

“We intend to actively utilise this office space to facilitate communication, exchanges and opportunities for networking and collaboration,” he said in his opening address.

-- BERNAMA