Malaysia to have a new national car
By Admin | Published on : Jun 11, 2018 11:14 am
TOKYO: Malaysia plans to start a new national car project, in partnership with other countries in the region, Tun Dr Mahathir Mohamad said today.
Speaking at the 24th Nikkei Conference here, the prime minister said Proton was no longer a Malaysian national car as a substantial stake in the company is now owned by China's Geely.
"Our ambition is to start another national car, perhaps in partnership with other countries in the region," he said during a dialogue session at the conference.
Dr Mahathir said Thailand and Japan were some of the countries in the region that had expertise in manufacturing automobiles.
The prime minister was earlier asked about Malaysia's potential new growth industries, and how foreign investors would fit into that scenario.
"We may have to depend on foreign partners in the beginning, but eventually we hope our people can master the technology themselves," he said.