KUALA LUMPUR, April 28 (Xinhua) -- Malaysia is eyeing some 30 billion U.S. dollars in green investments over the next decade, Malaysian Deputy Minister of Energy Transition and Water Transformation Abdul Rahman Mohamad said on Tuesday.
The country is determined to lead the regional shift toward decarbonization and is well-positioned to attract investments, particularly those aimed at renewable energy, grid infrastructure, energy storage and industrial electrification, Abdul Rahman said in his remarks at the R.A.C.E to Zero Summit 2026.
"Our goal is clear, for Malaysia to become a trusted energy hub and a key driver of the region's clean energy... For Malaysia, the race to net zero is not just about climate action. It is about securing our energy future, strengthening our industries, and protecting our economic sovereignty," he said.
He said that Malaysia's strategy centers on its role in the ASEAN Power Grid, noting that electricity demand across the region is rising by 4 percent to 5 percent annually, driven by the growth of data centers and artificial intelligence. The country has already seen success in its efforts, including the Energy Exchange Malaysia, which has begun exporting renewable energy to Singapore, he added. ■
