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Report
Japanese firms eye green tech investments in M’sia, says envoy
Free Malaysia Today
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1/7/2025
Noriyuki Shikata says businesses in his country are showing renewed interest in Malaysia.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/01/08/japanese-firms-eye-green-tech-investments-in-msia-says-envoy/
Laporan Lanjut:
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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#FMTExclusive #NoriyukiShikata #Japan #GreenTech
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Transcript
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00:00
So speaking of a free and open international trading system, I'd like to
00:04
talk about FDIs and how FDI will flow between the two countries moving
00:09
forward. Traditionally there have been flows especially with regard to let's
00:14
say E&E, automotives, but what new areas do you think can be expanded in the
00:22
years moving forward? Before I left Tokyo for Malaysia, I was meeting with a
00:30
number of Japanese business leaders and they have renewed interest in investing
00:37
in Malaysia. Japanese firms have expressed a strong interest in
00:42
investing in Malaysia, particularly in green technology, says Japanese ambassador
00:47
designate Noriyuki Shikata. This includes so-called green
00:53
transformation related investments, as I mentioned green hydrogen, biomass, CCUS
01:02
among others. Shikata said the renewed interest is also driven by Malaysia's
01:07
role as a data center hub in Asia. Malaysia is becoming a hub, Asian hub of
01:13
data centers. There would be a number of new business opportunities, investment
01:20
opportunities for Japanese companies to come up with sustainable investments
01:27
toward the future for the better life of many Malaysian people. Separately,
01:33
Shikata said he was pleasantly surprised by how Malaysian youth have embraced
01:37
Japanese culture from food to music and anime. I'm struck by popularity of
01:46
Japanese culture including Japanese food or J-pop or anime singers among others
01:55
and this creates renewed opportunities for younger generations to be friends
02:03
with each other between Japan and Malaysia. He said the admiration is
02:09
mutual and envisions a shift from Malaysia's decades-old look east policy
02:13
to more balanced and reciprocal partnership. There should be more Japanese
02:18
young people who come to Malaysia, maybe including studying at Malaysian
02:25
universities. So hopefully this look east policy would become
02:32
kind of a mutually, you know, look each other policy and would create a new
02:39
fruitful future for our people.
02:44
Danish Roger Reza, FMT News.
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