Malaysian Power Sector – Energising a steady growth path - RAM Ratings

As a middle-income country with the second-highest GDP per capita in ASEAN, Malaysia’s economy is well diversified, with a competitive manufacturing base and a sound industrial and services sector. In support of its aspiration of achieving “high-income nation” status by 2020, the nation’s power sector has played a pivotal role in energising the domestic economy while being developed based on gradual regulatory reforms.

This commentary presents RAM’s assessment of the power sector’s industry structure, regulatory landscape, capacity and fuel-supply situation, the key players and how these are influencing the sector’s growth and infrastructure funding.