Inokom spending RM40mil to boost car production

Inokom Corporation managing director Rizal Jailan (second left) with Hyundai Motor (Thailand) Co. Ltd president Hideki Yanagisawa (left) and Hyundai Motor Company Head of Asia & Pacific Regional Headquarters Hoo-Keun Kim (right) posing during the 'Official Rollout of Hyundai Elantra for export to Thailand' at Inokom's Assembly Plant at Padang Meha in Kulim, Kedah yesterday. Starpic Mustafa Ahmad

KULIM: Inokom Corp Sdn Bhd is spending RM40mil to ramp up its annual production of cars at its plant here to 34,000 by 2015 .

Inokom managing director Rizal Jailan said the amount was more than the capital expenditure spent for the financial year 2014 ended in June (FY14) recently.