Worldwide Holdings Bhd group CEO Ahmad Zaki Ahmad Zainuddin said the group is identifying a feasible site and assessing suitable technologies for the proposed nuclear plant. (Bernama pic)PETALING JAYA: Selangor state-owned conglomerate, Worldwide Holdings Bhd, is positioning itself to develop Malaysia's first nuclear power plant.

It aims to make a final investment decision by 2031, Bernama reported.

Group CEO Ahmad Zaki Ahmad Zainuddin said the group is identifying a feasible site, assessing suitable technologies and exploring financing options for the project.

“We have started looking into financing for the project. We are also putting together a team to study nuclear technologies and identify the talents needed to support the project from the early planning and development stages through to construction and eventual operations.