KUALA LUMPUR: Malaysia is poised to become a powerhouse in clean and renewable energy in the Southeast Asian region, especially with the emergence of high-tech industries driving up the electricity demand, say industry players.
Lee emphasised Malaysia's stability amid geopolitical tensions, making it an appealing choice for industry players looking to secure their supply chain networks. However, Lee noted that for Malaysia to fully realise its potential, it needs to focus on developing the skill sets of its labour force, stressing the importance of training the workforce to meet the demands of clean energy and emerging high-tech industries.
Meanwhile, Google’s Asia Pacific Head of Clean Energy and Power Giorgio Fortunato, also a panellist in the forum, emphasised the importance of a stable energy landscape for the growth of the digital economy as tech companies rely on stable and reliable electricity to operate their data centres effectively.