Malaysia, Japan to boost technology cooperation

Malaysia and Japan are urged to deepen their strategic economic cooperation, particularly in high-impact sectors crucial for navigating the evolving global economy. These areas include advanced technology, artificial intelligence (AI), semiconductors, green energy, and supply chain resilience.

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Malaysia has high potential to expand cooperation with Japan in various strategic fields, including artificial intelligence, semiconductors, energy and green technology.

Shikata Noriyuki, Japan's Ambassador to Malaysia, emphasized the substantial potential for growth in bilateral economic relations. He pointed to industrial cooperation, investment, and technological development as key avenues for expansion. Shikata noted that Japan's growth aspirations align well with Malaysia's development agenda, creating fertile ground for the private sectors of both nations to explore new opportunities.

Semiconductors represent a particularly promising field, given Malaysia's established role as a significant hub in the global supply chain for assembly and testing. Japan, in turn, is actively reinforcing its semiconductor industry and views Malaysia as a strategic partner for human capital development and supply chain integration.

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Cooperation can support both countries' efforts to achieve net-zero carbon emission targets and ensure future energy security.

Furthermore, cooperation in the energy sector holds considerable promise, especially concerning green technologies like hydrogen, ammonia, and carbon capture and storage (CCS). Such collaborations can support both countries' net-zero carbon emission goals and enhance future energy security. The ambassador also highlighted Malaysia's importance in Japan's liquefied natural gas (LNG) supply chain and the potential for cooperation in the rare earth industry, as well as sectors like food, cybersecurity, halal industries, creative content, healthcare, and disaster management.

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By combining the strengths of both countries, we can create new value that benefits both Malaysia and Japan.