A new company, Malaysia Nuclear Power Corporation, will spearhead planning the eventual deployment of nuclear power plants in the country.
In the Third Economic Transformational Program update speech made on 11 January, prime minister Najib Tun Razak (pic) outlined 19 projects of key national economic significance that are expected to lead to up to 67 billion ringitts ($22 billion) in investment and as many as 35,000 new jobs for the country.
Regarding the new nuclear company, the prime minister named Mohd Zamzam bin Jafaar as CEO, and mentioned a time frame of 11-12 years from pre-project to commissioning for Malaysia’s first nuclear plant. The company is expected to create 2600 jobs over time.
