SINGAPORE: The Prime Ministers of Malaysia and
Singapore have discussed the possibility of Malaysia selling
electricity to Singapore.
This was announced by Malaysian Prime Minister Najib
Razak during a joint news conference with his Singapore counterpart
Mr Lee Hsien Loong at the end of the third leaders' retreat between
the two countries.
Mr Najib said if the plan comes to fruition, it will
be a private sector-driven initiative.
Responding to this, Prime Minister Lee said Singapore is very open
to importing a certain portion of electricity from Malaysia, if the
terms are right and if the private sector proposes an attractive
offer which Singapore cannot refuse.
However, he stressed that the offer has to be in accordance with
proper safeguards.
Mr Lee said in reaching a decision on the matter, Singapore will
need also need to study the environmental impact of power
generation companies.
The delegations have completed the retreat meeting.
- CNA/ck
