Liew: Malaysia to continue boosting economic cooperation with Brazil, particularly in semicon, energy sectors

Liew: Malaysia to continue boosting economic cooperation with Brazil, particularly in semicon, energy sectors

06 Sep 2024

Malaysia will continue to strengthen economic cooperation with Brazil, particularly in the semiconductor and energy sectors, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

He said this after chairing a meeting with the Brazilian Ambassador to Malaysia Ary Quintella to discuss efforts to strengthen the Malaysia-Brazil economic cooperation.

He said the meeting was a preparation for Prime Minister Datuk Seri Anwar Ibrahim’s working visit to Brazil this November.

“During the meeting, the semiconductor sector became a priority for cooperation between Malaysia and Brazil.

“Apart from semiconductors, the two countries also have the opportunity to expand cooperation, especially in the energy sector,” he said in a statement on Friday.

Liew also expressed pride in Malaysian companies such as Petroliam Nasional Bhd (Petronas), Yinson Holdings Bhd (KL:YINSON) and Sapura Energy Bhd (KL:SAPNRG), which have been established in Brazil for a long time and have achieved success at the global level.

“The next step is to explore opportunities for joint research and development in the energy sector, followed by green energy transition,” he said.

Source: Bernama