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Malaysia Keen To Develop Small-scale Nuclear Reactor : Najib

By Tuesday June 2nd, 2009 No Comments

JEJU ISLAND (South Korea), June 2 (Bernama) — Malaysia is very keen to emulate South Korea in developing a small-scale nuclear reactor for power generation as it is more economical, said Datuk Seri Najib Tun Razak Tuesday.

The Malaysian Prime Minister said this was because South Korea had an edge over the other countries in terms of technology for small-scale nuclear reactors where 40 per cent of the country’s power needs came from various types of nuclear reactors, whether large or small scale.

Najib said this to Malaysian reporters when asked to comment on the outcome of the his meeting with South Korean President Lee Myung-bak after the conclusion of the Asean-Republic of Korea (ROK) Commemorative Summit, here this afternoon.

He said the small-scale nuclear reactor was very safe that it could be built next to an urban area that needed electric power.

It could generate between 200,000 and 300,000 kilowatt of energy, he said.

“And the Korean President has told me that the cost (of generating electric power) is one-third of the cost of (producing electricity) using a coal-powered station, and this means that there is much room for us to look deeper into it.

“As such, I have decided to ask the Minister of Energy, Green Technology and Water, and the Minister of Science, Technology and Innovation to visit Korea as soon as possible and study the green technology mentioned earlier, which can be adopted in the context of Malaysia’s needs,” he said.

Najib said he was most interested in the development of low-carbon green technology, which was developed by South Korea, because it was in line with his agenda and thinking with the creation of the green technology ministry.

On the “Green Growth, Green Asia” exhibition on the South Korean green technology held at the Jeju International Convention Centre (ICC), here, which he had visited together with President Lee and other Asean leaders this morning, Najib said he had observed many new and interesting things which could be applied in Malaysia.

“These include their efforts to clean their rivers and river banks and, in the process, create thousands of additional jobs. The cost of its development for every four large river basins is in the region of USD50 million — which is not a very high figure.

“Secondly, I am impressed with the ‘membrane technology’ in the ‘water purification’ process. There is a possibility that it has good potentials in our country,” he said.

He said alternative energy such as solar and wind energy had also been used effectively in Korea, and Malaysia would look into it deeply.

Meanwhile, he said next year would be the 50th anniversary of bilateral relations between Malaysia and South Korea and in this context, the Korean and Malaysian governments, through their respective foreign ministers, were thinking of the projects or programmes that could be implemented to reflect the cordial relations between the two countries.

“On behalf of the Malaysian government and the Yang di-Pertuan Agong, I have invited the Korean President to visit Malaysia next year as it can be the culmination of the celebrations and activities to mark the 50th anniversary of bilateral relations between Malaysia and South Korea,” he said.

Najib said the Korean President had also expressed satisfaction at the cooperation in other fields such as the joint-venture project between Petronas and the Korea national oil company to develop new areas in third countries.

“This, he said, can become a new model where the markets in third countries can be exploited jointly by Malaysia and Korea,” Najib said.

He said Malaysia was also invited to participate in the ‘Global Expo’ organised by Korea which would be held in 2012.

Najib, who was accompanied by his wife, Datin Seri Rosmah Mansor, later left for China for his first official visit to that country as Prime Minister.

Source : Bernama

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