PM to launch new National Automotive Policy on Feb 21

MITI said the automotive sector has been a prime mover of Malaysia’s industrialisation drive since the early 1980’s in allowing meaningful participation of Malaysian businesses and talents in the fields of science, engineering and technology.

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will launch the new National Automotive Policy or NAP2020 – which is seen as crucial in raising the country's automotive industry to the next phase of industrial competitiveness – on Feb 21.

“NAP2020 is formulated to elevate Malaysia’s automotive industry to the next phase of industrial competitiveness, in line with the changing landscape of mobility within the global markets, ” the Ministry of International Trade and Industry (MITI) said in a statement on Thursday. The unveiling of the details of the much-awaited policy will be at the ministry.