NAZA Automotive Manufacturing Sdn Bhd plans to invest RM220mil to boost its production capacity, add equipment and set up in-house manufacture of components.
Naza group managing director Tan Sri SM Nasimuddin SM Amin said the company was currently negotiating with Kia Motors Corp and Petroliam Nasional Bhd to set up an in-house engine assembly plant in Gurun, Kedah.
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