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Geely Will Increase Investment In Malaysia - PM Anwar

Anis

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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.


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“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.

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Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

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JPJ Running Numbers

KUALA LUMPUR

VPS2448

SELANGOR

BSH7417

JOHOR

JYG6345

PULAU PINANG

PRT9872

PERAK

APB2057

PAHANG

CFD4686

KEDAH

KGC2710

NEGERI SEMBILAN

NEH1090

KOTA KINABALU

SJM5854

KUCHING

QAB1588M

Last updated 16 Sep, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.18

+0.02

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.90

+0.02

EURO 5 B7

RM 3.10

+0.02

Last updated 11 Sep, 2025

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