Master collaboration agreement for Automotive Hi-Tech Valley signed

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Master collaboration agreement for Automotive Hi-Tech Valley signed
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PETALING JAYA: The possible shutdown of the country’s second low-cost carrier MYAirline will not be overly damaging to Malaysia Airports Holdings Bhd (MAHB), according to CGS-CIMB Research.

TANJUNG MALIM: A master collaboration agreement for the development of the Automotive Hi-Tech Valley project here has been signed between DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd .

The signing of the agreement at Proton City on Wednesday was witnessed by Prime Minister Datuk Seri Anwar Ibrahim. In addition to the collaboration agreement, the signing of the HOA between Altel Communications Sdn Bhd and Geely’s strategically invested Zhejiang Geespace Technology Co Ltd also took place at the venue.

Prior to the agreement signing ceremony, Anwar had chaired a high-level AHTV project development meeting.

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