Geely Has Submitted AHTV Masterplan - Perak MB
Anis
13-8-2024
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Perak Menteri Besar Datuk Seri Saarani Mohamad stated that Zhejiang Geely Holding Group Co Ltd (Geely), a major investor in the Automotive High-Tech Valley (AHTV) project in Tanjung Malim, Perak, has submitted its masterplan to the state government of Perak.
The plan marks a significant step forward in the project’s development which was established in 2023 between Malaysia-based conglomerate DRB-Hicom and Geely Holding Group Co., Ltd to establish AHTV as Malaysia's international next generation vehicle hub by leveraging DRB-HICOM and Geely Holding's respective strengths and expertise.
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Datuk Seri Saarani Mohamad stated that the state government will review and potentially approve the plan, which will involve an investment of RM40 billion for AHTV in a meeting in September.
The minister added that any changes in Tesla Inc. factory plans in Thailand and expansion strategy in Southeast Asia will not impact Perak's focus on Geely's investment in the Automotive High-Tech Valley (AHTV) project.
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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........
JPJ Running Numbers
KUALA LUMPUR
VPB6823
SELANGOR
BSE3819
JOHOR
JXW3362
PULAU PINANG
PRQ2639
PERAK
ANV2504
PAHANG
CFB6374
KEDAH
KGA3928
NEGERI SEMBILAN
NEF6675
KOTA KINABALU
SJK6701
KUCHING
QAB2775L
Last updated 30 Apr, 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 24 Apr, 2025
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