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  • 2 days ago
Elena Burova says investing in nuclear energy could generate massive economic, jobs and innovation spillovers across Asean.

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#FMTNews #ElenaBurova #Russia #NuclearMarket #FadillahYusof #43rdSeniorOfficialsMeeting

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00:01An analyst says ASEAN's continued collaboration with Russia in the energy sector could pave the way for the development of a regional nuclear energy market.
00:11Alina Borova, a senior research fellow at the Institute of China and Contemporary Asia, said this could unlock a plethora of spillover benefits across the economy, talent development and energy transition.
00:23She said a large-scale nuclear power plant in ASEAN is capable of bringing roughly US$62 billion of gross domestic product input to the region, as well as over 20,000 jobs during construction and 7,000 permanent jobs.
00:39In April, Deputy Prime Minister Fadila Youssef said the International Energy Agency has agreed to support and assist Malaysia in drafting policies to explore and study the use of nuclear energy.
00:50He is currently on a working visit to Russia until June 28, partly to explore further nuclear energy cooperation with the nation's state-owned nuclear arm, Rosatom.
01:01Borova said Russia has a wealth of experience in developing nuclear energy, with Rosatom currently building 22 out of 24 reactor units for export worldwide.
01:11Earlier this month, the 43rd Senior Officials Meeting on Energy saw the renewal of the ASEAN-Russia Energy Cooperation Framework for 2026-2028, signalling the region's renewed interest in learning from Russia's energy practices.

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