Energy Sector in Malaysia: Low Rates Facilitate Business

Views 4

Abdul Razak bin Abdul Majid, Chairman of Energy Commission says that Malaysia offers one of the lowest rates for electricity for commercial and industrial purposes.

He says, "I believe we offer one of the lowest rates for electricity for commercial and industrial purposes. We are still enjoying subsidised fuel from the government but as we reduce the amount of subsidies the prices will tend to move up. We look around and we know that we are competitive; we are surely cheaper than our neighbours. We are still blessed with a little bit of indigenous gas which helps to try and bring down the total cost of fuel. Therefore the tariffs will be at reasonable rates."

Interview: http://www.marcopolis.net/energy-in-malaysia-electricity-consumption-growing-3-5-per-annum.htm

View more on: http://www.marcopolis.net/malaysia-report/

Share This Video


Download

  
Report form