Ankara: Major Malaysian companies are encouraged to continue exploring investment opportunities abroad to strengthen business collaboration and, more crucially, to extend the sharing of technology and expertise, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who also serves as the Energy Transition and Water Transformation Minister, emphasized that expertise and experience-sharing through cooperation with foreign countries benefits Malaysia tremendously.
According to BERNAMA News Agency, Fadillah highlighted Tenaga Nasional Bhd’s (TNB) investment in Turkiye’s energy company Gama Enerji A.S. as an example of the deep business ties between the two countries. Despite TNB not being the majority shareholder, it is actively involved in management and is expanding its investment internationally. “We want to encourage more companies to explore and seek partners who can help extend their knowledge, technical skills, and technology back to Malaysia, in addition to the energy and water sectors, which are our focus,” he stated.
During his two-day official working visit to Turkiye, which began on Tuesday, Fadillah visited Gama Enerji A.S. in Ankara. He was accompanied by Malaysia’s Ambassador to Turkiye, Sazali Mustafa Kamal, and TNB’s chief of new energy, Mohd Zarihi Mohd Hashim. Fadillah also announced plans to visit the Turkish floating power plant operator Karpowership, which has shown interest in investing and sharing expertise with Malaysia, particularly in addressing Sabah’s power generation needs.
Karpowership operates vessels that serve as mobile power generators, capable of being deployed anywhere to supply electricity using gas, liquefied petroleum gas (LPG), and other fuels. “They are very interested because they are aware, for example, of Sabah’s electricity supply shortages. Therefore, they can deploy vessels for power generation wherever needed,” Fadillah explained. He also expressed his intention to personally inspect the construction and installation site of the vessels to assess their energy supply capabilities.
“I want to see their capabilities, because sometimes we need a backup. So at the very least, we know there’s an alternative. If there’s a shortage, we can get support. But this is not a commitment yet – it’s more an exploration,” said Fadillah. Following his visit to Turkiye, Fadillah will lead the Malaysian delegation to the Summit on the Future of Energy Security in London from April 24-25. The summit is organized by the International Energy Agency (IEA) and the Government of the United Kingdom (UK).