(Bloomberg) -- United Arab Emirates will jointly develop 10 gigawatts of renewable energy capacity worth $8 billion in Malaysia by 2025, Prime Minister Anwar Ibrahim said. 

The Malaysian PM said in a Facebook post the plans were part of a Memorandum of Understanding signed between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Co. during his visit to Abu Dhabi on Thursday. There were no further details in the post. 

Malaysia aims to have 70% of its energy supply come from renewable sources by 2050, compared with around 25% at the end of March. The government has estimated it would need 637 billion ringgit ($135 billion) of investment to meet the goal.

Read More: Malaysia Plans to Build Region’s Largest Solar Hybrid Plant

Anwar also said that Malaysia and UAE will strengthen ties via an investment agreement between the MIDA and UAE’s International Investors Council. He met with UAE president and Abu Dhabi ruler Sheikh Mohamed bin Zayed Al Nahyan during his visit, and also attended a roundtable meeting with major UAE companies. 

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