Worldwide Holdings eyes Malaysia’s first nuclear power plant
- Selangor’s state-owned Worldwide Holdings says it is positioning itself to develop Malaysia’s first nuclear power plant, aiming for a final investment decision within five years, by 2031.
- The plan is at a very early stage: no site, plant size, reactor type or partner has been announced.
Worldwide Holdings Bhd, the Selangor state government's conglomerate, says it is positioning itself to develop Malaysia's first nuclear power plant. Group chief executive Ahmad Zaki Ahmad Zainuddin told the Selangor International Business Summit 2026 in Kuala Lumpur that the group hopes to make a final investment decision within five years, by 2031: "Hopefully, within five years, we will be ready to make a final investment decision for a nuclear plant in Malaysia."
Where it stands
- Very early: the group is looking for a suitable site, assessing technologies, exploring financing, and putting together a team to study nuclear technology and recruit talent
- Not yet named: no site, plant size, reactor type or partner has been announced
Who Worldwide Holdings is
- Owner: the Selangor state government, which has given it the lead on the state's energy and circular-economy businesses. It also does property development and medical devices
- Power plants: it runs the 1.4-gigawatt Pulau Indah power plant and small hydropower plants at Batang Kali and Sungai Kerling, and is building two more hydropower plants at Sungai Pangsun and Sungai Inki
- Solar: it is developing a 300-megawatt solar plant at Bestari Jaya
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