Geely Will Increase Investment In Malaysia - PM Anwar
Anis
11-10-2023
Prime Minister Anwar Ibrahim stated that ZHEJIANG Geely Holding Group Co Ltd (Geely) intends to increase its investment in the country, including strengthening Malaysia as a vehicle manufacturing hub for export purposes.
Anwar, who received a courtesy visit from Geely chairman Li Shufu yesterday, stated that the meeting demonstrates that Geely is following through on its committed investment of RM32 billion announced during his March official visit to China.
“The Chinese automobile manufacturer also plans to increase its participation in the field of research and development as well as the provision of local skilled workers, in line with the needs of the industry in the future.
“I am confident this initiative will be fruitful for our country’s economy,” said Anwar in a post on his Facebook page.
For the record, Geely is a global automotive giant and a strategic partner of DRB-Hicom Bhd, a Malaysian conglomerate.
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VPC1444
SELANGOR
BSE4486
JOHOR
JXW5014
PULAU PINANG
PRQ3484
PERAK
ANV3498
PAHANG
CFB6586
KEDAH
KGA4254
NEGERI SEMBILAN
NEF7147
KOTA KINABALU
SJK7403
KUCHING
QAB3070L
Last updated 02 May, 2025
Fuel Price
Petrol
RON 95
RM 2.05
RON 97
RM 3.18
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.88
EURO 5 B7
RM 3.08
Last updated 01 May, 2025
Related News
DRB-HICOM, Geely Partners With MIDA, MARii To Transform Tanjong Malim AHTV
DRB-HICOM, Geely inks partnership with MIIDA, MARii to transform Tanjong Malim AHTV into NxGV hub.
17-12-2024
Zeekr 007 Revealed Ahead of Auto Guangzhou 2023 Debut
The all-new Zeekr 007 EV saloon has been revealed ahead of its planned debut at the Auto Guangzhou 2023.
16-11-2023
EPMB Enters Car Seat Business - To Supply 150,000 Sets To Proton!
EPMB opens cutting-edge car seat manufacturing facility in Tanjung Malim to support upcoming Proton cars
31-10-2023
Geely & DRB-Hicom Inks Master Collaboration Agreement - AHTV
Geely & DRB-Hicom signed a Master Collaboration Agreement (MCA) outlining their combined efforts to advance Malaysia's Automotive Hi-Tech Valley (AHTV)
12-10-2023
Proton - Malaysian Handicraft Heading To Asian Games Museum, Hangzhou
PROTON’s show of support for unity, sportsmanship, and Malaysian culture during the 19th Asian Games as the national athletes were presented with traditional Malaysian handicrafts.
06-09-2023
Geely Fields 2,000 New Energy Vehicles for Asian Games - New Mobility Record
Geely Holding Group delivered an impressive fleet of 2,000 premium smart new energy vehicles as the official mobility partner for the 19th Asian Games in Hangzhou. This delivery would go down in Asian Games history as the single largest mobility service fleet ever witnessed
04-09-2023
Geely Motorsport Unveils Next-Gen Lynk & Co 03 TCR Touring Car
Geely Motorsport celebrates the fifth anniversary of its TCR program by unveiling the next-gen Lynk & Co 03 TCR.
06-03-2023
Base Spec smart #1 To Use LFP Battery Instead Of NMC and Retail For RM109,000
Base spec smart #1's LFP battery would be 49kWh in size and retail in China for about RMB170,000 (RM109,000)
24-02-2023
Latest News
Prasarana Launches New MyRapid Pulse App
Prasarana announced a new, more exciting MyRapid Pulse app, replacing the previous version.
02-05-2025
Works Minister: Tapah Smoother Now, WISE to Offer Alternative to Menora
With the Tapah traffic project now complete, the Works Ministry eyes the upcoming WISE highway - a new alternative to the Menora Tunnel route. o
02-05-2025
Malaysia Has 2nd Highest Car Ownership Rate In Asia
Malaysia is the second-highest car-owning nation in Asia, with 535 cars per population, only surpassed by Japan.
01-05-2025
Unchanged Fuel Prices From 01 To 07 May
The Ministry of Finance (MoF) has announced the retail prices of all fuels in Malaysia, for the coming week of 01 to 07 May, 2025, the rates are as such.
30-04-2025
Jazeman Jaafar Set For Super GT Malaysia 2025 Wildcard Entry
Local racing ace Jazeman Jaafar enters upcoming Super GT Malaysia 2025 round as wildcard with co-driver Kerong Li under EBM banner.
30-04-2025
Young Drivers Shine In Vios Challege 2025 Season Opener
Young drivers shined in season-opening weekend of the Vios Challenge 2025 held last weekend at Petronas SIC.
30-04-2025
Travellers To Thailand Must Fill Out TDAC Starting May 1
Malaysians intending a quick trip to Thailand are reminded to complete their digital arrival card application starting Thursday, May 1st.
30-04-2025
Counterfeit Engine Oil Syndicate Busted
Authorities raid three premises in Ara Damansara and Kepong, uncovering a syndicate that repackages and sells counterfeit engine oil.
30-04-2025
Show More
trending_flat