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Geely Has Submitted AHTV Masterplan - Perak MB

Anis

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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........

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JPJ Running Numbers

KUALA LUMPUR

VPS2421

SELANGOR

BSH7411

JOHOR

JYG6320

PULAU PINANG

PRT9853

PERAK

APB2053

PAHANG

CFD4678

KEDAH

KGC2704

NEGERI SEMBILAN

NEH1085

KOTA KINABALU

SJM5852

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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