GoAuto to invest RM250m in Gurun


From left: Kedah executive committee member Datuk Dr Ku Abd Rahman Ku Ismail, Mukhriz, Ahmad and Malaysia Automotive Institute CEO Mohd Madani Sahari at the car launch.

GURUN: Go Automobile Manu-facturing Sdn Bhd (GoAuto) has spread its wings here with a new investment of RM250mil to build a second plant.

The new plant spans 5.2ha and can boost its production from 25,000 units to 50,000 annually. It is expected to be operational in the third quarter of 2016.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

goauto , gurun , carmaker

   

Next In Business News

Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
Strong earnings expected for Ancom Nylex
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience

Others Also Read