Approximately 50 Malaysian companies are currently in discussions to invest and share technologies in this sector.

Malaysia seeks partners not only for funding but also for technological expertise and know-how.

Many Gulf companies, who have already invested in renewable energy, are open to sharing technology pools and investing with Malaysian funds, companies, and the sovereign wealth fund.

Additionally, Malaysia is pursuing investment and technology-sharing deals in artificial intelligence and the digital economy.

The Malaysian minister attended the World Economic Forum in Saudi Arabia, where there was interest from GCC companies in collaborating on digital technology.

The minister emphasized the importance of global cooperation, growth, and energy for development, especially in the face of geopolitical challenges.

He stressed the need for inclusive and sustainable growth, focusing on improving living standards for all, rather than just benefiting a few.

The minister also expressed a desire for increased trade and economic growth.

The text discusses the potential for enhancing trade and investment connections between the Gulf Cooperation Council (GCC) and Southeast Asia.

The importance of balancing the quantity and quality of growth was emphasized by Aziz, who also mentioned ongoing explorations for new multilateral trade agreements between the ASEAN union and the GCC.

Aziz further stated that deepening economic partnerships would contribute to peace and that Malaysia, an open economy, is seeking to engage with other countries beyond its largest trade partner, China.