Geely Will Increase Investment In Malaysia - PM Anwar
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
VQR1703
SELANGOR
BSN4681
JOHOR
JYT4632
PULAU PINANG
PSA6568
PERAK
APG1334
PAHANG
CFF8478
KEDAH
KGE8320
NEGERI SEMBILAN
NEJ8143
KOTA KINABALU
SJQ8651
KUCHING
QAB4273N
Last updated 20 Mar, 2026
Fuel Price
Petrol
RON 95
RM 2.59
+0.05
RON 97
RM 3.15
+0.05
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 3.04
+0.05
EURO 5 B7
RM 3.24
+0.05
Last updated 26 Feb, 2026
Related News
Zeekr Tipped for Local Assembly at Proton’s AHTV EV Hub
Proton-Geely partnership could see Zeekr join AHTV as Malaysia’s next locally built premium EV brand.
04-09-2025
Price Wars in China Are Breaking the Supply Chain
Experts say endless price wars in China are hurting not just automakers, it’s also affecting the entire supply chain.
12-06-2025
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
Latest News
Strait of Hormuz to Malaysia: Why We’re Paying for a War 6,000km Away
Why is RON97 at RM4.55/L? We decode the Strait of Hormuz conflict, the May 2026 subsidy deadline, and why Malaysia imports oil despite being a producer.
19-03-2026
From 82 Minutes to 8: How the Mutiara Line is Giving Penangites Their Time Back
Is the 80-minute Penang Bridge crawl finally ending? The Mutiara Line LRT links Butterworth to Komtar in just 8 minutes. Get the latest 2026 project updates, station lists, and more.
17-03-2026
The 2026 Proton X90 Buyer’s Warning: 5 Critical Safety Features You Are No Longer Getting
ASEAN NCAP revokes Proton X90’s 5-star rating. The 2026 facelift is downgraded to 1-star after stripping critical ADAS features. Is your family safe? Get the full safety specs here.
16-03-2026
9,000+ Drivers Chose Toyota Hybrids This Year: Proof That Toyota’s Multi-Pathway Strategy Works
Toyota Malaysia hits 9,556 sales in early 2026, proving the "Multi-Pathway" strategy works. From Vios Hybrid to Vellfire HEV, see why hybrids are winning the sales war.
12-03-2026
Chery Tiggo 7 is Now the Safest Chinese SUV on the Planet, This Is Why
The Chery Tiggo 7 makes history as the only Chinese SUV to sweep 5-star ratings from Euro NCAP, ANCAP, and ASEAN NCAP. With a record 94.68 points, see why this is 2026’s safest family SUV.
11-03-2026
Sepang Dates Confirmed: Catch Team Porsche Malaysia in Action on 21–23 August
While the 2026 Porsche Carrera Cup Asia (PCCA) season kicks off in Shanghai this weekend, Malaysian fans are already looking ahead to the highlight of the year: the homecoming.
10-03-2026
Iran-US War Day 10: It’s Not Just Fuel — Malaysia’s Automotive Industry Faces New Risks
While the BUDI95 subsidy program is already feeling the heat of oil prices flirting with US$120 a barrel, the true threat to our automotive sector lies beneath the surface.
09-03-2026
Prasarana to Reveal LRT3 Launch Date This April—Here’s Everything We Know So Far
The wait for the LRT3 Shah Alam Line is entering its final stretch. After months of "will they, won't they" speculation, Prasarana has officially pointed to April 2026 as the month of truth.
05-03-2026
Show More
trending_flat