RM300bil-RM400bil in investments needed for Malaysia to achieve net-zero greenhouse gas emissions by 2050

November 30, 2022

Dateline 2022-09-14, NST:

Malaysia’s commitment to becoming a nation with net-zero greenhouse gas emissions by 2050 would require RM350 billion to RM400 billion in cumulative investments, mainly in the energy sector, representing 0.8 per cent of the gross domestic product (GDP) every year until 2050.

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said this shift includes continued investment in public transportation, tax incentives to promote electric vehicles, and the commitment to phase out coal.

Oil And Gas Sector To Add 52,300 Jobs By 2020 – Wahid

July 4, 2015

And, most of these jobs will be done by pekerja asing?

Dateline 2014-05-19, MalaysiaDigest:

The oil and gas sector is expected to add 52,300 jobs, mostly highly-skilled workers, by 2020, Minister in Prime Minister’s Department Datuk Seri Abdul Wahid Omar said.

He said the government is building a significant human capital in the sector by churning out more than 16,000 highly-skilled and highly-paid technical professionals.

The number of skilled employees in the sector is also expected to grow when the Pengerang Integrated Petroleum Complex in Johor comes on stream in the near future, he said at the launch of Schlumberger’s Asia Centre for Reliability and Efficiency (ACRE) at the Port Klang Free Zone, here Teusday.