Malaysia committed to promoting renewable energy, facilitating business dealings with UAE - Anwar

KUALA LUMPUR - Prime Minister Datuk Seri Anwar Ibrahim has given assurances of Malaysia’s commitment to promoting renewable energy, as well as facilitating business dealings with the United Arab Emirates (UAE).

Anwar, in a Facebook post said he had expressed the matter during his meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, who is also the Ruler of Abu Dhabi, during a two-day working visit to Abu Dhabi, UAE on Oct 5 and 6.

He said during the working visit which only lasted for about 36 hours, he also met several senior ministers involved in economic, trade and investment affairs, the UAE sovereign wealth fund's shareholders, the Abu Dhabi Investment Authority (ADIA) and some of the largest companies in the UAE.

"In the short visit, Malaysia managed to reap great benefits, especially in terms of investment from the gulf country by generating committed investments amounting to RM40.6 billion (US$8.6 billion) in sectors such as renewable energy, aerospace and logistics.

"InsyaAllah, I am confident that the planning that has been done and drafted is capable of making Malaysia one of the most important hubs for the renewable energy sector," he said. - BERNAMA