Malaysia, Italy ink major deal on carbon capture and biochemical tech
Anwar said the initiative is expected to grow further, with new interest from Japanese firms and Indonesia's state-owned oil company, Pertamina.
"Once officially launched, this will become one of the largest projects in the region involving CCUS and biochemical technology between Petronas and ENI," he said.
Anwar added that the project was aimed at building regional strength and would be expanded in collaboration with Indonesia, citing increasing cooperation between Pertamina and Petronas.
He also said that Japanese Prime Minister Shigeru Ishiba had expressed interest in having Japan involved in the project.
Additionally, Anwar said Tenaga Nasional Berhad (TNB) is working with several Italian firms, including APG, on the development of a cross-border power grid stretching from Vietnam to Singapore.
"This is a project that also supports Asean cooperation initiatives," he said, highlighting the regional nature of the infrastructure.
Anwar also said that a new agreement between Perodua and Magna Steyr on electric vehicle (EV) battery development is expected to be formalised by December this year.
The Prime Minister is currently on an official visit to three countries, Italy, France, and Brazil, beginning July 1.
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