Geely has big plans to increase its investments in Malaysia to the tune of RM32 billion, while making the country its production hub for export markets. Beyond that, the Chinese company – via its local …
– will also lift local involvement in its research and development initiatives here, as well as the provision of local skilled workers to go along with the larger expansion plans.
The proposals were highlighted by Malaysian prime minister Datuk Seri Anwar Ibrahim after receiving a courtesy visit from Geely chairman Li Shufu in Putrajaya yesterday. Mind you, the above are mostly reminders of previous announcements or promises from Geely made over the past year. The committed investment of RM32 billion, especially, was already made public during the PM’s visit to China in March this year. “Hopefully these initiatives will be beneficial to our country’s economy,” saidthat Proton will now gain access to the latest technologies from Geely. He also expressed his well wishes for the national carmaker to win back customer confidence and improve its company performance with the help of Geely.
Preferring to drive cars rather than desks, Hafriz Shah ditched his suit and tie to join the ranks of Malaysia’s motoring hacks. A car’s technical brilliance is completely lost on him, appreciating character-making quirks more. When not writing this ego trip of a bio, he’s usually off driving about aimlessly, preferably in a car with the right combination of three foot pedals and six gears.
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