Shell Plans RM9 Billion Investment Increase in Malaysia Creating Skilled Jobs

Shell has committed to increasing its investment in Malaysia by over RM9 billion (approximately $2.1 to $2.7 billion) over the next two to three years, according to Prime Minister Datuk Seri Anwar Ibrahim. This investment is expected to create high-skilled jobs and reflects international confidence in Malaysia’s sound economic policies and leadership. Shell CEO Wael Sawan highlighted the growing demand for liquefied natural gas (LNG) in Southeast Asia, driven by the expansion of data centers and artificial intelligence, with LNG positioned as a reliable energy source amid geopolitical uncertainties. Anwar emphasized Malaysia’s strategic vision under the MADANI Government to position the country as a stable, sustainable, and resilient investment destination for future generations. Shell, a prominent player in Malaysia’s energy sector with extensive operations including petrol stations, industrial lubricants, and offshore oil and gas production, expressed strong confidence in the country’s direction. The investment boost underscores Malaysia’s ongoing economic partnership with Shell and its commitment to a prosperous and competitive future.