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Malaysia Bags RM63bil In US Investment With Ford Among Those In The List

Anis

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web_CariCarz_press_Ford-Everest-Wildtrak_-3-full.jpg According to Prime Minister Anwar Ibrahim, Malaysia has obtained a total of RM63 billion in proposed investments in the US, primarily from technology giants, as reported by MalaysiaKini.
In addition to the investments from Google, Enovix Corporation, Microsoft and TikTok, Ford Motor Company, a major player in the automotive industry, will also make an investment in Malaysia. 107238183-1683642530891-All-New_Ford_Ranger_Raptor_12.jpg

For the record, Ford is one of Thailand's largest automotive investors, having invested more than $3.4 billion since 1995. In 2021, the automaker announced the largest single investment in Thai history to support production of the next-generation Ranger pickup and Everest SUV for Thai and global customers.
According to a WSJ article from 2023, Ford Motor Company invested $4.5 billion in an Indonesian nickel processing plant in an effort to secure a supply of essential minerals for use in electric vehicle batteries.
Ford-TH-Investment-01_FTM-Aerial-(cropped).jpg

The investment is Ford's first in the Southeast Asian country and demonstrates automakers' growing appetite for raw materials used in producing electric vehicle (EV) batteries.
As for Malaysia, specifics such as where the company would invest and how much money it would put into the country have not been disclosed.  It is also unknown whether the investment plans include vehicle manufacturing in the country, and to what extent electrification will play a role. 2023_03_30_137144_1680187223._large.jpg


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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

VPG2547

SELANGOR

BSF4636

JOHOR

JYA4127

PULAU PINANG

PRR4585

PERAK

ANW6146

PAHANG

CFC1085

KEDAH

KGA9165

NEGERI SEMBILAN

NEG2184

KOTA KINABALU

SJL2751

KUCHING

QAB5048L

Last updated 16 Jun, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.07

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.74

EURO 5 B7

RM 2.94

Last updated 12 Jun, 2025

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