ISTANBUL: Malaysia is encouraging its leading corporations to explore strategic investments abroad as part of a broader effort to strengthen environmental sustainability, foster international collaboration, and enhance national energy resilience.
Deputy Prime Minister and Minister of Energy Transition and Water Transformation, Datuk Seri Fadillah Yusof, highlighted the importance of leveraging foreign partnerships to advance technological capabilities and environmental goals. Speaking during his working visit to Turkiye, he pointed to Tenaga Nasional Berhad’s (TNB) ongoing investment in Gama Enerji A.S. as a model for impactful international cooperation.
“Although TNB is not the majority shareholder, it is actively involved in Gama’s management, demonstrating how Malaysian firms can gain valuable expertise and scale globally,” said Fadillah.
The visit aligns with Malaysia’s energy transition roadmap, where clean and reliable energy plays a pivotal role. Fadillah also engaged with Turkish floating power plant operator Karpowership—an international energy firm known for its mobile power solutions—to explore potential collaboration in addressing electricity shortages in regions such as Sabah.
“Karpowership’s floating energy vessels offer flexible power generation using gas and LPG. They are particularly relevant to Malaysia’s eastern regions, where energy access can be limited,” he said, emphasising that the visit is exploratory in nature, not yet a formal commitment.
The Deputy Prime Minister added that these overseas engagements are not solely commercial in nature but are strategic steps towards building a sustainable and future-ready energy ecosystem in Malaysia. “We want our companies to return not just with profits, but with knowledge, innovation, and technical capabilities that strengthen our local industries,” he noted.
Malaysia’s Ambassador to Turkiye, Sazali Mustafa Kamal, and TNB’s Chief of New Energy, Mohd Zarihi Mohd Hashim, were also part of the delegation.
Following his engagements in Turkiye, Fadillah is set to lead the Malaysian delegation to the Summit on the Future of Energy Security in London (April 24–25), co-hosted by the International Energy Agency (IEA) and the Government of the United Kingdom. The summit will convene global leaders to address pressing challenges in energy equity, security, and decarbonisation.
The Deputy Prime Minister’s mission underscores Malaysia’s intent to not only secure energy supply but also to do so responsibly, with clear alignment to Environmental, Social, and Governance (ESG) principles.
