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Malaysia aims to draw foreign investments in EV, carbon capture

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Malaysia is seeking foreign investors in high-value industries such as electric vehicles (EVs), semiconductors and carbon capture, according to its trade and investment minister. The country unveiled a detailed national energy transition roadmap (NETR) in August, which sets out initiatives it will undertake to achieve 2050 net zero target.

The southeast nation is long known to be a manufacturing hub and is now hoping to move up the value chain in well-established industries such as electricals and energy.

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