RM2bil boost for National Automotive Policy, Govt allocates soft loans, grants


PETALING JAYA: The Government is allocating RM2bil worth of soft loans and grants under the National Automotive Policy (NAP 2014) for automotive infrastructure-related and human capital development purposes.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed, who unveiled NAP 2014 yesterday, said the Government would be allocating up to RM1.89bil in soft loans and RM175mil in grants.

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