Prime Minister Mahathir Mohamad speaking on the NAP yesterday. With him is International Trade and Indutry Minister Darell Leiking.
THE highly anticipated National Automotive Policy 2020 (NAP 2020), which was finally launched by the International Trade and Industry Ministry on Friday, has set 10-year targets that the government believes will take the local automotive industry to the greater heights.
A crucial sector for the Malaysian economy, the automotive industry contributes just 4% to the country’s gross domestic product (GDP) currently.