Chinese automotive firm Geely’s investment into the Automotive High-Tech Valley in Tg Malim will reach up to RM32 billion for the next 10 years said Investment, Trade and Industry minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.
National conglomerate DRB-Hicom Bhd has announced its signing of a Master Collaboration Agreement (MCA) with China’s Zhejiang Geely Holding Group Co Ltd to develop the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak.
Prime Minister Datuk Seri Anwar Ibrahim’s (Tambun-PH) administration has managed to draw in a whopping RM215 billion in potential and confirmed investments from his many overseas trips.
Chinese automaker Zhejiang Geely Holding Group Co Ltd (Geely) has poured in an additional RM10 billion in investments to expand the Automotive High Technology Valley (AHTV) development plan in Proton City, Tanjung Malim, Perak, reaffirming its commitment to Malaysia.
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