International automakers keen to be Proton partners, says Mustapa


Proton Centre of Excellence Complex in Shah Alam.

KUALA LUMPUR: Several leading automakers from Europe, China and Japan have expressed their interest to become Proton’s strategic partner, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. 

He said although the Government had left it to the national carmaker to make the decision, there were several critical criteria it had to consider when choosing its strategic partner. 

“The Government wants Proton to ensure its strategic partner has the capability to lift the company once again.

“The strategic partner must have the technology, capital and export network,” Mustapa told reporters after the ministry’s Hari Raya Networking with the Private Sector in Kuala Lumpur on Wednesday. 

He also said the strategic partnership between Proton and a foreign counterpart was necessary to help the company, a small player at the international level, expand its business.

About 2,000 people, including orphans and the elderly, attended the celebration. - Bernama


Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia securities reprimands, fines dealer RM59,000 over share manipulation
EI Power IPO oversubscribed 30.8 times ahead of ACE Market debut
PPB-linked Wilmar appeals Russian court order over Etalon stake seizure
Paradigm REIT posts RM39.2mil net property income in 1Q26
Orkim expands fleet with delivery of Orkim Garnet tanker
Bursa Malaysia reprimands Ireka, seven former directors, imposes RM425,000 in fines
RHB gets Bank Negara approval for Tokio Marine insurance talks
Bedi proposes RM14.3mil disposal of Sabah industrial property
Ringgit ends higher against regional peers, mixed versus majors
CGC appoints Madelena Mohamed as non-independent non-executive director effective May 1

Others Also Read