“MITI will coordinate a meeting with MAA and other relevant stakeholders, so that we can have a discussion. We will announce the decision to the media,” deputy minister, Dr Ong Kian Ming said.
Ong told reporters this after presenting an Overwiew of the Automotive Industry 2018 and Insights of the Automotive Industry and Technology Adoption in 2019, here on Friday.
He said it was important to clarify that the Automotive Business Development Committee (ABDC) was the centre where all incentives applied for by car manufacturers could be processed and recommendations from it forwarded to the Finance Ministry.
On Thursday, MITI issued a statement on the delay in approving the pricing of new car models, stating it was to ensure that incentives are granted and distributed according to prescribed regulations and guidelines.
The ministry said the decision-making process, undertaken by the Automotive Business Development Committee (ABDC), should be transparent, fair and comprehensive. - Bernama