Selangor Journal
The logo of Fortescue Metals Group adorns their headquarters in Perth, Australia, on November 11, 2015. — Picture by REUTERS

WEF 2025: Aussie company to invest in green hydrogen alternative energy in Sarawak

DAVOS, Jan 23 — Australia’s global metal mining company Fortescue has agreed to invest in green hydrogen alternative energy in Bintulu, Sarawak, said Prime Minister Datuk Seri Anwar Ibrahim.

The agreement was reached through a meeting with the company’s leadership team led by Fortescue executive chairman cum founder Andrew Forrest AO on the sidelines of the World Economic Forum (WEF) Annual Summit 2025.

“The Sarawak government has agreed in principle, and I have guaranteed several incentives and support so that Bintulu will become a hub,” he said at the closing press conference today in conjunction with his working visit to WEF 2025.

On Tuesday (January 21), Anwar led a Malaysian delegation to attend face-to-face business meetings organised by the Investment, Trade, and Industry Ministry with corporate leaders representing Fortescue, AstraZeneca, DP World, Medtronics, Nestlé, and Google.

He added that through meetings with companies investing in Malaysia, the large port company from Dubai, DP World, which comes into Sepanggar, Sabah, has received the support of the Federal government.

“As for Sabah, which will have a relatively large port in the region when Dubai Ports comes in, the federal government has informed Chief Minister Datuk Seri Hajiji Noor and the Sabah government to provide full support and cooperation,” Anwar said.

In addition, Google will continue implementing major programmes such as the one established in Selangor, namely data centres that would benefit Peninsular Malaysia, particularly Johor, Penang, and Perak.

Furthermore, he said that issues related to artificial intelligence, including in medicine and education, were also discussed in the meetings with global companies.

Anwar attended the WEF 2025 for the first time as Prime Minister since taking office in 2022 at the invitation of WEF founder cum chairman of the board of trustees Prof Klaus Schwab from January 20 to January 22.

Throughout the three-day visit, he was accompanied by Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, Higher Education Minister Datuk Seri Zambry Abdul Kadir, and Digital Minister Gobind Singh Deo.

— Bernama

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