Thursday, January 5, 2012

Singapore open to importing electricity from Malaysia

Singapore's Prime Minister Lee Hsien Loong (L) and his Malaysian counterpart Najib Razak shake hands in front of Malaysia's landmark Putra Mosque in Putrajaya on Jan 5, 2012.-- PHOTO: AFP

Singapore is open to buying a share of its electricity from Malaysia if the terms are right.
The Prime Ministers of both countries discussed the possibility as they met in Putrajaya on Thursday. As PM Lee Hsien Loong said, Singapore is working out a framework for importing electricity from its neighbours.

Separately, Mr Lee also proposed that the two countries explore industrial cooperation in the Iskandar Malaysia development region in south Johor.
Both leaders asked for a new work group to be formed under the Joint Ministerial Committee to promote mutually beneficial twinning of economic activities between Iskandar Malaysia and Singapore.

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