Govt still studying abolishing vehicle APs

Mustapa says any alternative to the AP system should be able to make up for the loss of government revenue. - Bernama

KUALA LUMPUR: The Government is still studying a proposal to abolish the approved permit (AP) policy for the import of vehicles, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

“When we look deeper, we find that it is a little difficult; there is an impact on employment and government revenue,” he told reporters after witnessing an exchange of documents between Pertubuhan Usahawan Generasi Muda Berjaya Malaysia (GMB Malaysia) and Malaysian Biotechnology Corporation Sdn Bhd (Biotech Corp).