Independent power producers:
[P]rivate sector participation will also be promoted to encourage competition in the sector. Towards this end, the concept of build - operate transfer, particularly in power generation. will provide avenues for private sector participation.---PETRONAS will, as far as possible, restrict itself to upstream activities and leave business opportunities in the downstream sector for the private sector, particularly local entrepreneurs.
Local content requirement:
In the implementation of the energy diversification strategies, emphasis will be placed on the utilization of domestic resources.
Investment climate development:
PETRONAS will, as far as possible, restrict itself to upstream activities and leave business opportunities in the downstream sector for the private sector, particularly local entrepreneurs.