Mida keeps close tabs on China, Taiwan PV makers


Mida deputy chief executive officer Datuk Phang Ah Tong(pic) told StarBiz that this was because Mida did not want Malaysia to be used as a transhipment point for China and Taiwan-made PV cells and panels to enter the United States, as the latter had imposed anti-dumping duties on PV products originating from China and Taiwan.

GEORGE TOWN: The Malaysian Investment Development Authority (Mida) is adopting a cautious stand on investments by photovoltaic (PV) solar manufacturers from China and Taiwan.

Mida deputy chief executive officer Datuk Phang Ah Tong told StarBiz that this was because Mida did not want Malaysia to be used as a transhipment point for China and Taiwan-made PV cells and panels to enter the United States, as the latter had imposed anti-dumping duties on PV products originating from China and Taiwan.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MIDA , manufacturing , china , us , transhipment , shares , stocks , klci ,

Next In Business News

Pre-budget nerves grip Bursa
Advancecon partners ACEN on clean energy
Exsim wins RM15.62mil subcontract
BSN appoints Zukri Samat as new chairman
Life Water unit to buy RM15mil Sabah assets
India considers postponing UPI fee rollout on large payments
MISC orders LNG newbuilds to service PETRONAS
Rising bond yields pose short-term risk to banks
South Korea weighs ban on unlicensed banks
Cyberjaya Education in land buy

Others Also Read