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
VQK8380
SELANGOR
BSM2736
JOHOR
JYQ8976
PULAU PINANG
PRY3835
PERAK
APE8874
PAHANG
CFF1466
KEDAH
KGE2061
NEGERI SEMBILAN
NEJ4489
KOTA KINABALU
SJQ1563
KUCHING
QAB1884N
Last updated 02 Feb, 2026
Fuel Price
Petrol
RON 95
RM 2.54
+0.02
RON 97
RM 3.10
+0.02
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.88
+0.04
EURO 5 B7
RM 3.08
+0.04
Last updated 22 Jan, 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
KLIA Aerotrain Performance Stabilising
Independent assessors say the KLIA Aurotrain system is operating as intended, with early service disruptions performance stabilising.
02-02-2026
WISE Highway Project May Get Six-Month Extension To Strengthen Financial
KKR may grant a six-month extension to the WISE Highway developer to secure funding and complete preparations.
02-02-2026
Ford, Xiaomi Denies EV Joint Venture Talks In US
Ford and Xiaomi dismiss reports of joint venture discussions for EV production in the US.
02-02-2026
Proton e.MAS Charts 3,276 Deliveries in January 2026
Proton e.MAS has delivered a total of 3,276 vehicles in Jan 2026 alone—more than 100 units every day.
02-02-2026
RM39,999 Neta V: Bargain or Red Flag?
RM39,999 Neta V - bargain or red flag? Rock-bottom pricing meets big questions over long-term support.
02-02-2026
Chery Malaysia Outlines 2026 Plans, Four New SUVs Confirmed
Chery Malaysia outlines 2026 plans, with four new SUVs confirmed as the brand shifts focus toward premium and lifestyle models.
31-01-2026
ECRL Fares To Be Announced Ahead of 2027 Launch
ECRL fares will be disclosed several months prior to the commencement of operations in January 2027, according to Transport Minister.
30-01-2026
Summons Discounts for Foreign Vehicles Will Be Reviewed – MOT
The Transport Ministry will review traffic summons discounts offered to foreign vehicles, says minister Anthony Loke.
30-01-2026
Show More
trending_flat