Malaysia to launch "corrider" for newable energy

| February 28, 2008 | 0 Comments

Remember Malaysia’s multimedia corridor during the dotcom era? Well now the Malaysian government is taking the concept into the renewable energy space with the announcement of the Sarawak Corridor of Renewable Energy.

The Malaysian Prime Minister, Abdullah Ahmad Badawi, announced in February that the government will spend an initial 5 billion ringgit (about US$1.5 billion) to set up the project in Sarawak on Borneo Island. The project aims to create some 800,000 jobs over the next 23 years by attracting private investments worth at least 30 billion ringgit (US$9 billion). The new project will be built along 320 km on the coast of the island and consist of a total area of just over 70 square kilometres – or some 57% of the Sarawak state.

No details of planned projects or technologies have been released.

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Category: Applications, Climate change, Global energy, Renewables

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